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24 S Florida Ave
Atlantic City, NJ 08401
Newly Refinished 5-Unit Apartment Building · Multifamily Property For Sale
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5 Units
Investment Highlights
- Newly refinished 5-unit apartment building one block from the beach and boardwalk
- Two-1 Bedroom units, Two-2 Bedroom units and One large efficiency with kitchen
- 100% occupied immediately following the completion of the work
- Two units are separately metered for electric the other three are spread out on two additional electric meters
Property Facts
| No. Units | 5 | Lot Size | 0.05 AC |
| Property Type | Multifamily | Building Size | 2,918 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1930/2021 |
| Zoning | RS-C - Resort Commercial | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 2,918 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1930/2021 |
| Zoning | RS-C - Resort Commercial |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 3 | - | - |
Property Taxes
| Parcel Number | 02-00166-0000-00017 | Improvements Assessment | $83,000 |
| Land Assessment | $70,000 | Total Assessment | $153,000 |
Property Taxes
Parcel Number
02-00166-0000-00017
Land Assessment
$70,000
Improvements Assessment
$83,000
Total Assessment
$153,000
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