20 South Bellevue Avenue

Atlantic City, NJ 08401

$439,000
Price
Beds
2,483 Sq. Ft.
$177 / Sq. Ft.
2,483
Sq. Ft.
$177
per Sq. Ft.

Description

This is a great investment opportunity for a recently renovated multi-property that was made available a few months before the tenants moved in. It is a four-unit building that is currently 100% occupied. There is one four-bedroom unit, one two-bedroom unit, and two one-bedroom units, all with separate electric meters. The tenants are great and have been keeping up-to-date with their rent payments. The location is superb, with easy access to dining, shopping, and cultural centers that provide all...This is a great investment opportunity for a recently renovated multi-property that was made available a few months before the tenants moved in. It is a four-unit building that is currently 100% occupied. There is one four-bedroom unit, one two-bedroom unit, and two one-bedroom units, all with separate electric meters. The tenants are great and have been keeping up-to-date with their rent payments. The location is superb, with easy access to dining, shopping, and cultural centers that provide all necessary amenities within reach. The property is also conveniently located just a block away from the famous casinos and beaches of Atlantic City. It is being sold "As Is" and has a gross income of $6,050 per month. The property has been appraised for $460,000 in its current condition, and the appraisal report is attached in the MLS documents. Please note that showings are available by appointment only. To schedule a showing, kindly contact the listing agent.
  1. Listed by GORAN CEDEVSKI • BHHS FOX and ROACH-Northfield

Property Details for 20 South Bellevue Avenue

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

Location

Listing Courtesy of BHHS FOX and ROACH-Northfield
Add your commute
LISTING UPDATED: 04/09/2024 04:56 PM

Property Details for 20 South Bellevue Avenue

StatusActive
MLS #584003
Days on Market21
Taxes$3,636 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / 4 - 10 Units
Year Built-
Lot Size0.04 AC / 1,751 SF
CountyAtlantic County

Location

Listing Courtesy of BHHS FOX and ROACH-Northfield
Add your commute

Building Information for 20 South Bellevue Avenue

Stories-Residences4Year Built-Building Size-Lot Size0.04 AC / 1,751 SF

Payment Calculator

$2,699 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,396

Property Taxes

$303

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 20 South Bellevue Avenue

Summary
Location and General Information
  • Address: 20 S Bellevue Ave Ave
  • Address Direction: S
  • Address Number: 20
  • Address Search Number: 20
  • Address Street: Bellevue Ave
  • Area: Atlantic City
  • County: Atlantic
  • Directions: BETWEEN CALIFORNIA AND TEXAS, OFF OF PACIFIC.
  • Fips Code: 34001
  • Location: Boardwalk Area
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401
Owner
  • Owner: ADNJ Investments LLC
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 04-09-2024
  • Tax Year: 2023
  • Taxes: 3636
Property
Lot Information
  • Approved Short Sale?: No
  • Approx SQFT: 2483
  • Block #: 167
  • Lot #: 10
  • Lot Dimensions: 0.0402
Property and Assessments
  • Age: 25+ Years
  • Associated Document Count: 3
  • Doc Timestamp: 04-09-2024
  • New Construction: No
  • Total Assessment: 102000
  • Water: Public
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Outside Features: Curbs, Porch, Sidewalks
  • Siding/Exterior: Brick
  • Storms/Screens: Combination
Interior Features
  • Air Conditioning: Electric, Window Units
  • Basement: Crawl Space
  • Heating: Gas-Natural
Multi Family
Multi-Family Information
  • # of 1 Bedroom Units: 2
  • # of 2 Bedroom Units: 1
  • # of 4 Bedroom Units: 1
  • Annual Insurance: 4697
  • Annual Taxes: 3636
  • Available: Survey
  • Limited Service (Y/N): No
  • Number Of Units: 4
  • Rental Information: 100 Percent Occupancy, See Remarks
  • Separate Meters: Electric
  • Suitable For: Multi Family + Rooms
  • Total Income: 6050
Unit 1
  • Unit 1 Baths: 2
  • Unit 1 Bedrooms: 4
  • Unit 1 Facing: East
  • Unit 1 Level: Upper
  • Unit 1 Rent: 2000
  • Unit 1 Rooms: 6
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Bedrooms: 2
  • Unit 2 Facing: East
  • Unit 2 Half Baths: 0
  • Unit 2 Level: Lower
  • Unit 2 Rent: 1650
  • Unit 2 Rooms: 4
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Bedrooms: 1
  • Unit 3 Facing: East
  • Unit 3 Half Baths: 0
  • Unit 3 Level: Lower
  • Unit 3 Rent: 1150
  • Unit 3 Rooms: 4
Unit 4
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 1
  • Unit 4 Facing: East
  • Unit 4 Half Baths: 0
  • Unit 4 Level: Upper
  • Unit 4 Rent: 1250
  • Unit 4 Rooms: 4

Property History for 20 South Bellevue 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 20 South Bellevue Avenue

Taxable ValueLand$27,000Additions$75,000Total$102,000
Tax Record2022$3,853 ($321 / month)
Home Facts
Beds0Total Finished SqFt2,483 SqFtAbove Grade Finished SqFt2,483 SqFtStories2Lot Size1,751 SqFtStyleSingle Family ResidenceYear Built1920ZoningRS-CCountyATLANTICAPN02 00167-0000-00010

Schools near 20 South Bellevue Avenue

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.

Similar Homes

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20 South Bellevue Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on April 9, 2024 by BHHS FOX and ROACH-Northfield, it's currently listed at $439,000. It has been on the market for a total of 21 days and was last sold on October 24, 2023. This listing's school district is Atlantic City Public School District. Nearby schools include Texas Avenue Elementary School, Atlantic City High School and Our Lady Star Of The Sea Regional. 20 South Bellevue Avenue is a 0-bed, 0-bath, 2,483 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 BHHS FOX and ROACH-Northfield

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.