2809 Fairmount Avenue
2809 Fairmount Avenue
$399,000
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Description
Introducing a one-of-a-kind duplex with breathtaking views of the Bay of Atlantic City! Enjoy a great income stream from this fully occupied property, strategically nestled in a central location close to highways, beaches, and the vibrant activities on the island. This property boasts two distinct units – a cozy two-bedroom apartment and a spacious three-bedroom apartment. The second-floor unit elevates living to a new level with a charming porch, the perfect spot to unwind and soak in the panoramic...Introducing a one-of-a-kind duplex with breathtaking views of the Bay of Atlantic City! Enjoy a great income stream from this fully occupied property, strategically nestled in a central location close to highways, beaches, and the vibrant activities on the island. This property boasts two distinct units – a cozy two-bedroom apartment and a spacious three-bedroom apartment. The second-floor unit elevates living to a new level with a charming porch, the perfect spot to unwind and soak in the panoramic bay views. Both units are occupied by wonderful tenants who are up-to-date on rent, contributing $1275.00 and $1475.00 respectively. A lucrative investment opportunity awaits with reliable rental income of $33,000 a year! Situated street to street, convenience is key with street parking available both in front and behind the property. The location is unmatched - located in close proximity to the vibrant activities that Atlantic City has to offer and also close to Ventnor & Margate.
- Listed by EMILY CHRISTIAN • FARLEY and FERRY REALTY, INC
Property Details for 2809 Fairmount Avenue
City/Community
Atlantic City
ClassMULTI-FAMILY
Parking - ExteriorNone
Waterfront (Y/N)No
Location
LISTING UPDATED: 03/16/2024 11:12 AM
Property Details for 2809 Fairmount Avenue
Status | Active |
---|---|
MLS # | 581916 |
Days on Market | 83 |
Taxes | $6,787 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | MULTI-FAMILY / Duplex |
Year Built | - |
Lot Size | 25.00 AC / 1,089,000 SF |
County | Atlantic County |
Location
Building Information for 2809 Fairmount Avenue
Stories-Residences2Year Built-Building Size-Lot Size25.00 AC / 1,089,000 SF
Payment Calculator
$2,743 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2809 Fairmount Avenue
Property History for 2809 Fairmount Avenue
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 2809 Fairmount Avenue
Taxable ValueLand$53,000Additions$126,700Total$179,700
Tax Record2022$6,787 ($566 / month)
Home Facts
Beds0Total Finished SqFt2,245 SqFtAbove Grade Finished SqFt2,245 SqFtStories2Lot Size1,999 SqFtStyleSingle Family ResidenceYear Built1900ZoningNC-1CountyATLANTICAPN02 00378-0000-00005
Schools near 2809 Fairmount Avenue
This home is within Atlantic City Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 9 to 12 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
BRIGHTON AVENUE SCHOOL PublicPK to 5 | ||
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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