507 Adriatic Ave, Atlantic City, NJ | MLS # 579721 For Sale

Property Details

Investment opportunity! Discover 507 Adriatic Ave, a valuable duplex in Atlantic City's Bungalow Park. It generates close to $2,000 monthly, fully leased, promising steady returns. The house needs TLC and if renovated can double the current income. Each unit offers two bedrooms, meeting modern living demands in a cozy setting. The sizable backyard, ideal for parking, holds potential for future enhancements. Enjoy serene views of Gardiner's Basin while being just moments from the vibrant life of the boardwalk, beaches, and casinos. Bungalow Park is on the rise, increasingly favored for investment and residential purposes. This duplex, is near dining, shopping, and cultural centers, providing all necessities within reach. Sold "as is," it's a smart buy in Atlantic City's upswing. It is ideal for investors seeking to merge lifestyle with opportunity. Inquire today to explore the possibilities at 507 Adriatic Ave.

This listing is provided courtesy of BHHS FOX and ROACH-Northfield

MLS #: 579721
Status: Active
Address: 507 Adriatic Ave Ave, Atlantic City, NJ 8401
Date Listed: 11/15/2023
Days on Market: 328

Amenities

Gas Stove
Refrigerator

Location

Interior Features

Cool System: Window Units
Heat System: Baseboard, Gas-Natural

Exterior Features

Parking: Off Site Parking
Exterior: Stucco
New Construction: No

Additional Features

County: Atlantic
Property Type: Duplex
Waterfront Features: No
Water/Sewer: Public
Lot Number: 9
Block Number: 550
For Sale / Lease: For Sale
Taxes: 3894
3rd Party Approval: No

Disclaimer:The data relating to real estate for sale on this website comes in part from both the Broker Reciprocity Program of the South Jersey Shore Regional MLS and/or the Cape May County MLS, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms. The brokers providing these listings advise interested parties to do their due diligence before relying on this information in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. All information deemed reliable, but not guaranteed. All properties are subject to change.

507 Adriatic Ave Ave, Atlantic City