105 South Albion Place
105 South Albion Place
$769,000
—
2,390
2,390
$322
Under Contract
Description
Just Passed 5 Year DCA State Inspection March 2024! Welcome to 105 Albion Place, a fantastic opportunity for investors and those seeking a beachside property in Atlantic City. Seller financing available! AirBnB Hosts and Investor Alert! - Renovated & Fully Occupied BEACH BLOCK 7-Unit Multi-Family BLDG is up for sale near the Vibrant Tropicana hotel and casino and two doors down from Chef Volas, argulably the best Italian Restaurant in Jersey! This property boasts SUPER low taxes with a DOUBLE DIGIT...Just Passed 5 Year DCA State Inspection March 2024! Welcome to 105 Albion Place, a fantastic opportunity for investors and those seeking a beachside property in Atlantic City. Seller financing available! AirBnB Hosts and Investor Alert! - Renovated & Fully Occupied BEACH BLOCK 7-Unit Multi-Family BLDG is up for sale near the Vibrant Tropicana hotel and casino and two doors down from Chef Volas, argulably the best Italian Restaurant in Jersey! This property boasts SUPER low taxes with a DOUBLE DIGIT CAP RATE making it a truly exceptional investment. This sale is offering up an unbeatable location that is absolutley ideal and presents buyers with a broad range of numerous possibilities, whether you want to retain all the annual tenants, occupy a unit for yourself, or take advantage of the booming short term vacation rental market on platforms like VRBO & Airbnb. This bldg offers versatility and potnetial. It is conveniently close to "The Walk" at the renowned Tanger Outlets shopping and AC Convention Center, 5 star Fine Dining and Nightlife establishments, Steps to Jersey Shore Beaches, the Worlds most Famous Boardwalk, and Atlantic Ocean, & close to the Brand New Stockton Universitys Island Campus! At this time there are no seperate utilties. Income and Expense sheet is available to qualified buyers. Some of the various finaincing optons include Private financing available starting at 10% as wella as 10% owner finaincing, open to 1031 Exchange, Conventional financing, DSCR loans, Hard Money Loans, or buy it with a few of your bitcoins! Don't miss out on this chance to own a piece of Atlantic City's thriving real estate market. Contact us today for income and expense details or to schedule a viewing. Embrace the potential of 105 Albion Place and make your mark in this sought-after beachside community.
- Listed by GERARD (Jerry) BARKER • WEICHERT REALTORS ASBURY GROUP-AC
Property Details for 105 South Albion Place
City/Community
Atlantic City
ClassMULTI-FAMILY
Parking - ExteriorThree or More Cars
Waterfront (Y/N)No
ZonedRSC
Location
LISTING UPDATED: 04/09/2024 09:45 AM
Property Details for 105 South Albion Place
Status | Under Contract |
---|---|
MLS # | 580638 |
Days on Market | 111 |
Taxes | $9,982 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | MULTI-FAMILY / 4 - 10 Units |
Year Built | 1930 |
Lot Size | 0.06 AC / 2,565 SF |
County | Atlantic County |
Location
Building Information for 105 South Albion Place
Stories-Residences7Year Built1930Building Size-Lot Size0.06 AC / 2,565 SF
Payment Calculator
$5,029 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 105 South Albion Place
Property History for 105 South Albion Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 105 South Albion Place
Taxable ValueLand$105,000Additions$175,000Total$280,000
Tax Record2022$10,576 ($881 / month)
Home Facts
Total Finished SqFt2,390 SqFtAbove Grade Finished SqFt2,390 SqFtStories2Lot Size2,566 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningRS-CCountyATLANTICAPN02 00035-0000-00012
Schools near 105 South Albion Place
This home is within Atlantic City Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
Texas Avenue Elementary School PublicK to 8 | ||
Atlantic City High School Public9 to 12 | ||
Our Lady Star Of The Sea Regional PrivatePK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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