204 Atlantic Street
204 Atlantic Street
$545,000
12
5
4
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—
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Listed By Compass
Description
INVESTOR ALERT! Commercial Rooming House with 13 units. This property features 13 unique units, an onsite House Manager and recently approve DCA inspection.
#1- #4 are efficiencies with kitchenette and full bath (unit #2 is the House Manager Unit)
#5, #7, #9 and #12- single room with half bath, also shares common full bath
#6, #8 and #14- single room with sink, shares common full bath
#11 and #12- detached from main building, efficiency with full bath
Laundry is available in the basement. Most units...INVESTOR ALERT! Commercial Rooming House with 13 units. This property features 13 unique units, an onsite House Manager and recently approve DCA inspection.
#1- #4 are efficiencies with kitchenette and full bath (unit #2 is the House Manager Unit)
#5, #7, #9 and #12- single room with half bath, also shares common full bath
#6, #8 and #14- single room with sink, shares common full bath
#11 and #12- detached from main building, efficiency with full bath
Laundry is available in the basement. Most units are partially furnished. Landlord pays all utilities.
Most units are occupied currently and more than half of the units have been update within the last year. While in good condition, with all required inspections passed on the city, state and fire levels, this property will sell As-Is with the Buyer responsible for any required City Certs. Pro Forma is attached. Also listed as a Commercial listing under MLS#NJCB2007186
Annual Operating Income Nets $55045
#1- #4 are efficiencies with kitchenette and full bath (unit #2 is the House Manager Unit)
#5, #7, #9 and #12- single room with half bath, also shares common full bath
#6, #8 and #14- single room with sink, shares common full bath
#11 and #12- detached from main building, efficiency with full bath
Laundry is available in the basement. Most units...INVESTOR ALERT! Commercial Rooming House with 13 units. This property features 13 unique units, an onsite House Manager and recently approve DCA inspection.
#1- #4 are efficiencies with kitchenette and full bath (unit #2 is the House Manager Unit)
#5, #7, #9 and #12- single room with half bath, also shares common full bath
#6, #8 and #14- single room with sink, shares common full bath
#11 and #12- detached from main building, efficiency with full bath
Laundry is available in the basement. Most units are partially furnished. Landlord pays all utilities.
Most units are occupied currently and more than half of the units have been update within the last year. While in good condition, with all required inspections passed on the city, state and fire levels, this property will sell As-Is with the Buyer responsible for any required City Certs. Pro Forma is attached. Also listed as a Commercial listing under MLS#NJCB2007186
Annual Operating Income Nets $55045
Property Details for 204 Atlantic Street
Tax ID Number
01-00234-00028
OwnershipFee Simple
Condo Coop AssociationNo
HOANo
Structure TypeDetached
StyleTraditional
Levels/Stories3
WaterfrontNo
Location
LISTING UPDATED: 02/21/2024 01:04 PM
Property Details for 204 Atlantic Street
Status | Active |
---|---|
MLS # | NJCB2007770 |
Days on Market | 659 |
Taxes | $17,163 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Fee Simple |
Year Built | 1900 |
Lot Size | 0.39 AC / 16,950 SF |
County | Cumberland County NJ |
Location
Virtual Tour
Building Information for 204 Atlantic Street
Stories3Year Built1900Building Size-Lot Size0.39 AC / 16,950 SF
Payment Calculator
$4,405 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 204 Atlantic Street
Property History for 204 Atlantic Street
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 204 Atlantic Street
Taxable ValueLand$6,100Additions$336,000Total$342,100
Tax Record2022$17,201 ($1,433 / month)
Home Facts
Total Finished SqFt724 SqFtAbove Grade Finished SqFt724 SqFtLot Size16,949 SqFtStyleMiscellaneous CommercialYear Built1900CountyCUMBERLANDAPN01 00234-0000-00028
Schools near 204 Atlantic Street
This home is within Bridgeton Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Quarter Mile Lane Elementary School PublicPK to 8 | ||
Bridgeton High School Public9 to 12 | ||
Broad Street Elementary School PublicK to 8 | ||
West Avenue Elementary School PublicK 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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