3818 Ventnor Avenue

Atlantic City, NJ 08401

$950,000
Last Sold Price
Beds
8,598 Sq. Ft.
$110 / Sq. Ft.
8,598
Sq. Ft.
$110
per Sq. Ft.

Description

Attention investors! 13 unit apartment building + commercial storefront located in lower chelsea! Almost fully rented, this building features 11 one bedrooms rented at $800 each and 2 two bedrooms both rented. The renovated commercial storefront is also rented for $600 yearly with new electric, new a/c, new tile & a new ceiling. Most apartments have been updated with new paint, carpet, appliances & more! Best location in town on a high-traffic street and just two blocks to the beach and boardwalk....Attention investors! 13 unit apartment building + commercial storefront located in lower chelsea! Almost fully rented, this building features 11 one bedrooms rented at $800 each and 2 two bedrooms both rented. The renovated commercial storefront is also rented for $600 yearly with new electric, new a/c, new tile & a new ceiling. Most apartments have been updated with new paint, carpet, appliances & more! Best location in town on a high-traffic street and just two blocks to the beach and boardwalk. Call now!
  1. Listed by PAULA HARTMAN • BHHS FOX and ROACH-Margate
  2. Listed by TODD GORDON • BHHS FOX and ROACH-Margate

Property Details for 3818 Ventnor Avenue

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

Location

Listing Courtesy of BHHS FOX and ROACH-Margate

Sold By BHHS FOX and ROACH-Margate

Add your commute
LISTING UPDATED: 05/20/2022 04:47 PM

Property Details for 3818 Ventnor Avenue

StatusSold
MLS #538606
Days on Market540
Taxes$27,091 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / 11 - 20 Units
Year Built1920
Lot Size0.09 AC / 3,990 SF
CountyAtlantic County

Location

Listing Courtesy of BHHS FOX and ROACH-Margate

Sold By BHHS FOX and ROACH-Margate

Add your commute

Building Information for 3818 Ventnor Avenue

Stories-Residences15Year Built1920Building Size-Lot Size0.09 AC / 3,990 SF

Payment Calculator

$7,442 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,185

Property Taxes

$2,258

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3818 Ventnor Avenue

Summary
Location and General Information
  • Address: 3818 Ventnor Ave
  • Address 2: 13 UNITS + COMMERCIAL STOREFRONT!
  • Address Number: 3818
  • Address Search Number: 3818
  • Address Street: Ventnor
  • Area: Atlantic City
  • County: Atlantic
  • Directions: /
  • Fips Code: 34001
  • Location: See Remarks, Boardwalk Area
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 06-29-2020
  • Tax Year: 2019
  • Taxes: 27091
Property
Lot Information
  • Approved Short Sale?: No
  • Approx SQFT: 8598
  • Block #: 190
  • Lot #: 2
  • Lot Dimensions: 42x95
Property and Assessments
  • Age: 25+ Years
  • Associated Document Count: 0
  • New Construction: No
  • Total Assessment: 680000
  • Water: Public
  • Year Built: 1920
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Outside Features: Boardwalk Access, Curbs, Sidewalks
  • Siding/Exterior: Brick
Interior Features
  • Heating: Baseboard
Multi Family
Multi-Family Information
  • # of 1 Bedroom Units: 12
  • # of 2 Bedroom Units: 2
  • Annual Electric: 1800
  • Annual Insurance: 16000
  • Annual Maintenance: 2400
  • Annual Taxes: 27091
  • Annual Water: 1600
  • Available: Lease Information, Utility Information, Other
  • Limited Service (Y/N): No
  • Number Of Units: 15
  • Rental Information: Lease Required, Security Deposit, Yearly, See Remarks
  • Suitable For: Condo Conversion, Other (See Remarks)

Property History for 3818 Ventnor 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 3818 Ventnor Avenue

Taxable ValueLand$99,800Additions$452,600Total$552,400
Tax Record2022$20,864 ($1,739 / month)
Home Facts
Total Finished SqFt8,031 SqFtAbove Grade Finished SqFt8,031 SqFtStories3Lot Size3,990 SqFtStyleMiscellaneous CommercialYear Built1930ZoningNC-1CountyATLANTICAPN02 00190-0000-00002

Schools near 3818 Ventnor Avenue

This home is within Atlantic City Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Richmond Avenue Elementary School
PublicPK 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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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-Margate

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.