16 South Rhode Island Avenue

Atlantic City, NJ 08401

$285,000
Price
Beds
1,700 Sq. Ft.
$168 / Sq. Ft.
1,700
Sq. Ft.
$168
per Sq. Ft.

Description

Both units are now Vacant! This charming Multi-Family property is conveniently surrounded by ample amenities located about 1.5 blocks to the Beach, Boardwalk, Absecon Lighthouse, Ocean Casino, Hardrock, Steel Pier, Showbaot, Island Waterpark, Resorts, Margarita ville, Gardeners Basin, Little Water Distillery, Borgate, Harrahs, Farley Marina, and Golden Nugget. This property offers the perfect opportunity to immerse yourself in the vibrant coastal lifestyle of the Jersey Shore which is amplified by...Both units are now Vacant! This charming Multi-Family property is conveniently surrounded by ample amenities located about 1.5 blocks to the Beach, Boardwalk, Absecon Lighthouse, Ocean Casino, Hardrock, Steel Pier, Showbaot, Island Waterpark, Resorts, Margarita ville, Gardeners Basin, Little Water Distillery, Borgate, Harrahs, Farley Marina, and Golden Nugget. This property offers the perfect opportunity to immerse yourself in the vibrant coastal lifestyle of the Jersey Shore which is amplified by our Casino Industry! This is an end unit, up & down duplex with three bedrooms & 1 bathroom in each unit, both units have the same floor plan and plenty of parking in the area. Live in one unit and rent out the other, or lease out both units and become a landlord, or current landlords may want to add this great property to their allready existing real estate portfolios, and AirBnB Alert, this location is Ideal for making tons of cash on short term rental platforms like AriBnB and VRBO. Dont miss out on this incredible opportunity to own a peice of this thriving cmmunity, many new developments are allready underway in the area and the city is busy repaving all the streets! Schedule your viewing today with a local real estate agent and take advantage of the many possiblities this property can afford its new owners! First time home buyers who want to live in one unit and rent out the other may qualify for up to $30,000 in CDC Inlet Grant Money towards the purchase and closing costs!
  1. Listed by GERARD (Jerry) BARKER • WEICHERT REALTORS ASBURY GROUP-AC

Property Details for 16 South Rhode Island Avenue

City/Community
Atlantic City
Class
MULTI-FAMILY
Parking - Exterior
Three or More Cars
Waterfront (Y/N)
No

Location

Listing Courtesy of WEICHERT REALTORS ASBURY GROUP-AC
Add your commute
LISTING UPDATED: 04/19/2024 11:20 AM

Property Details for 16 South Rhode Island Avenue

StatusActive
MLS #580544
Days on Market138
Taxes$4,737 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Duplex
Year Built-
Lot Size0.02 AC / 1,054 SF
CountyAtlantic County

Location

Listing Courtesy of WEICHERT REALTORS ASBURY GROUP-AC
Add your commute

Building Information for 16 South Rhode Island Avenue

Stories-Residences2Year Built-Building Size-Lot Size0.02 AC / 1,054 SF

Payment Calculator

$1,950 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,555

Property Taxes

$395

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16 South Rhode Island Avenue

Summary
Location and General Information
  • Address: 16 S Rhode Island Ave
  • Address 2: D
  • Address Direction: S
  • Address Number: 16
  • Address Search Number: 16
  • Address Street: Rhode Island
  • Area: Atlantic City
  • County: Atlantic
  • Directions: Between Atlantic and Pacific Aves.
  • Fips Code: 34001
  • Location: Boardwalk Area, Water View
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 12-15-2023
  • Tax Year: 2023
  • Taxes: 4737
Property
Lot Information
  • Approved Short Sale?: N/A
  • Approx SQFT: 1700
  • Block #: 128
  • Lot #: 29
  • Lot Dimensions: 17x62
Property and Assessments
  • Associated Document Count: 0
  • Estate Y/N: No
  • Total Assessment: 132900
  • Water: Public
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Siding/Exterior: Brick
Interior Features
  • Appliances: Electric Stove, Refrigerator, Self Cleaning Oven
  • Heating: Radiator
Multi Family
Multi-Family Information
  • # of 3 Bedroom Units: 2
  • Annual Taxes: 4737
  • Limited Service (Y/N): No
  • Number Of Units: 2
  • Separate Meters: Electric, Gas

Property History for 16 South Rhode Island Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16 South Rhode Island Avenue

Taxable ValueLand$98,000Additions$162,150Total$260,150
Tax Record2022$9,826 ($819 / month)
Home Facts
Baths4Total Finished SqFt4,730 SqFtAbove Grade Finished SqFt4,730 SqFtStories2Lot Size4,901 SqFtStyleMiscellaneous CommercialYear Built1925ZoningRM-3CountyATLANTICAPN02 00128-0000-00030

Schools near 16 South Rhode Island Avenue

This home is within Atlantic City Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Pennsylvania Ave School
PublicPK to 8

Atlantic City High School
Public9 to 12

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.

Neighborhood Map and Transit

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

16 South Rhode Island Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on December 15, 2023 by WEICHERT REALTORS ASBURY GROUP-AC, it's currently listed at $285,000. It has been on the market for a total of 138 days and was last sold on February 14, 2005. This listing's school district is Atlantic City Public School District. Nearby schools include Pennsylvania Ave School and Atlantic City High School. 16 South Rhode Island Avenue is a 0-bed, 0-bath, 1,700 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WEICHERT REALTORS ASBURY GROUP-AC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.