MLS® ID: 519561
1036 N Ohio Ave
Atlantic City, New Jersey, 08401 $110,000
15% Cap Rate on this beautiful Turn Key Money Making duplex at the corner of Ohio and Marmora with a 2 car detached garage that could bring extra cash if leased out seperatly. Freshly painted exterior, replacement windows, some upgrades, CO ready and well maintained. Seperate entrances for each unit and seperate gas and electric (Paid by the tenants). Close to Route 30 (White Horse Pike) for easy access in and out of the city. Close to MLK School, the AC Convention Center and the Outlets at the Tanger Walk shopping center. Two minute car ride to the Borgata, Harrahs, & Golden Nugget hotel and casinos, the Absecon Lighthouse, and of the course the Beach and the Worlds most famous Boardwalk! Can be purchased together with another Duplex at 715 N. Michigan (MLS# 519563) & would make a great package deal and perfect addition to any investors Real Estate Portfolio. Double Digit cap rates, postive cash flow, low taxes, low maintanance and a booming real estate market make this an ideal purchase at near perfect timing of the market!!