17 North Sovereign Avenue

Atlantic City, NJ 08401

$350,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investor alert! Amazing 4 family home located in a prime location in Atlantic City! This 4 family has 3... two bedroom units each generating 1,000 per month. And 1 one bedroom unit generating 750 per month. All tenants pay their own utilities. Net profit of 37k per year! Separate utilities... Great condition... fully occupied!

Property Details for 17 North Sovereign Avenue

City/Community
Atlantic City
Class
MULTI-FAMILY
Parking - Exterior
None
Waterfront (Y/N)
No

Location

Listing Courtesy of KELLER WILLIAMS REALTY ATLANTIC SHORE

Building Information for 17 North Sovereign Avenue

Stories-Residences4Year Built-Building Size-Lot Size0.08 AC / 3,300 SF

Payment Calculator

$1,757 per month

30 year fixed, 3.51% Interest

Principal and Interest

$1,259

Property Taxes

$498

HOA Dues

$0

Similar Homes

Property Information for 17 North Sovereign Avenue

Summary
    Location and General Information
  • Address: 17 N sovereign Ave
  • Address Direction: N
  • Address Number: 17
  • Address Search Number: 17
  • Address Street: sovereign
  • Area: Atlantic City
  • County: Atlantic
  • Directions: Atlantic Ave to N on Sovereign
  • Fips Code: 34001
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401-3674
    Parking
  • Garage: None
    Taxes and HOA Information
  • LVT Date: 05-22-2020
  • Tax Year: 2019
  • Taxes: 5976
Property
    Lot Information
  • Approved Short Sale?: No
  • Block #: 263
  • Lot #: 28
  • Lot Dimensions: 33x100
    Property and Assessments
  • Associated Document Count: 0
  • Total Assessment: 150000
  • Water: Public
    Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
    Interior Features
  • Air Conditioning: Multi-Zoned
  • Heating: Gas-Natural
Multi Family
    Multi-Family Information
  • # of 1 Bedroom Units: 1
  • # of 2 Bedroom Units: 3
  • Annual Taxes: 5976
  • Limited Service (Y/N): No
  • Number Of Units: 4
  • Owner Occupied (Y/N): No
  • Suitable For: Multi Family + Rooms
  • Total Expense: 2700
  • Total Income: 45000

Property History for 17 Sovereign Ave

DateEvent & SourcePriceAppreciation
May 22, 2020

Listed (Active)

SJSRMLS #537195

$350,000
Mar 10, 2015

Closed

Public Record #491413810

$144,000

+206.1% / yr

Jul 27, 2004

Closed

Public Record #157584461

$1
DateEvent & SourcePrice
05/22/2020

Listed (Active)

SJSRMLS #537195

$350,000
03/10/2015

Closed

Public Record #491413810

$144,000

+206.1% / yr

07/27/2004

Closed

Public Record #157584461

$1

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

Public Records for 17 North Sovereign Avenue

Taxable ValueLand$50,000Additions$100,000Total$150,000
Tax Record2019$5,976
Home Facts
Baths4Total Finished SqFt1,804 SqFtAbove Grade Finished SqFt1,804 SqFtStories2Lot Size3,302 SqFtStyleSingle Family ResidenceYear Built1900ZoningR-2CountyATLANTICAPN0200263000000028

Schools near 17 North Sovereign Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Sovereign Ave SchoolPublicPK-80.1 mi
5
BRIGHTON AVENUE SCHOOLPublicPK-50.2 mi
2
Our Lady Star Of The Sea RegionalPrivatePK-80.4 mi
NR
Atlantic City High SchoolPublic9-121.7 mi
2

Sovereign Ave School

PK-8, 0.1 mi, Public

5

BRIGHTON AVENUE SCHOOL

PK-5, 0.2 mi, Public

2

Our Lady Star Of The Sea Regional

PK-8, 0.4 mi, Private

NR

Atlantic City High School

9-12, 1.7 mi, Public

2

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.

Property Details for 17 North Sovereign Avenue

StatusActive
MLS #537195
Year Built-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / 4 - 10 Units
Lot Size0.08 AC / 3,300 SF
Taxes$5,976 / year
Condo/Co-op Fees-
HOA Fees-
CountyAtlantic County

Listing Agent

IFRA YASIN

KELLER WILLIAMS REALTY ATLANTIC SHORE

P: 609.817.4999

Contact Agent(s)

609.817.4999

Similar Sold Homes

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

17 North Sovereign Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on May 22, 2020 by KELLER WILLIAMS REALTY ATLANTIC SHORE at $350,000. It has been on the market for a total of 12 days and was last sold on March 10, 2015. This listing's school district is Atlantic City Public School District. Nearby schools include Our Lady Star Of The Sea Regional, Sovereign Ave School and BRIGHTON AVENUE SCHOOL. 17 North Sovereign Avenue is a 0-bed, 0-bath, multi-family home. This address can also be written as 17 Sovereign Ave.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS REALTY ATLANTIC SHORE

The data relating to real estate for sale on this Virtual Office Website is provided in part, by BRIGHT through a licensing agreement. This website may reference real estate listing(s) held by a brokerage firm other than Compass. The information provided by this website is for the personal, non-commercial use of consumers with whom Compass has first established a broker-consumer relationship (as defined by applicable state law) and may not be used for any purpose other than to identify prospective properties such persons may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals. The data contained herein is copyrighted by BRIGHT and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. © 2020 BRIGHT MLS, All Rights Reserved. All rights reserved.