408 North Ohio Avenue

Atlantic City, NJ 08401

$250,000
Price
Beds
1,824 Sq. Ft.
$137 / Sq. Ft.
1,824
Sq. Ft.
$137
per Sq. Ft.

Description

Welcome to 408 N Ohio Avenue! This spacious multi-family property presents an excellent investment opportunity with its great potential and convenient location. Situated within walking distance to Casinos, the Boardwalk, and the mall, this duplex offers a prime location for both residents and visitors. The main home features four bedrooms and 1 bathrooms, Bottom unit 1 bed 1 bath, this large duplex provides ample space for comfortable living. With a size of 1824 square feet, there is plenty of room...Welcome to 408 N Ohio Avenue! This spacious multi-family property presents an excellent investment opportunity with its great potential and convenient location. Situated within walking distance to Casinos, the Boardwalk, and the mall, this duplex offers a prime location for both residents and visitors. The main home features four bedrooms and 1 bathrooms, Bottom unit 1 bed 1 bath, this large duplex provides ample space for comfortable living. With a size of 1824 square feet, there is plenty of room for residents to spread out and make themselves at home. Whether you're looking to live in one unit while renting out the other or seeking a profitable rental property, this versatile duplex offers endless possibilities. While the property does need some tender loving care (TLC), it presents an ideal canvas for those with a vision. The potential for customization and improvement allows you to create a space that suits your unique preferences and needs. The surrounding area boasts a vibrant atmosphere with numerous entertainment options just a short stroll away. From the excitement of nearby casinos to the charm of the Boardwalk and the convenience of shopping at the mall, this location offers something for everyone. Please note that parking spaces are not available on-site; however, there are public parking options nearby for added convenience. Don't miss out on this incredible opportunity to own a multi-family property in such a desirable location. Schedule your showing today and envision the possibilities that await at 408 N Ohio Avenue!
  1. Listed by Silvette Rivera • WEICHERT REALTORS ASBURY GROUP-AC

Property Details for 408 North Ohio Avenue

City/Community
Atlantic City
Class
MULTI-FAMILY
Parking - Exterior
Off Site Parking
Waterfront (Y/N)
No
Zoned
R-3

Location

Listing Courtesy of WEICHERT REALTORS ASBURY GROUP-AC
Add your commute
LISTING UPDATED: 12/08/2023 02:21 PM

Property Details for 408 North Ohio Avenue

StatusActive
MLS #580345
Days on Market150
Taxes$6,709 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Duplex
Year Built1900
Lot Size0.05 AC / 2,250 SF
CountyAtlantic County

Location

Listing Courtesy of WEICHERT REALTORS ASBURY GROUP-AC
Add your commute

Building Information for 408 North Ohio Avenue

Stories-Residences2Year Built1900Building Size-Lot Size0.05 AC / 2,250 SF

Payment Calculator

$1,923 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,364

Property Taxes

$559

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 408 North Ohio Avenue

Summary
Location and General Information
  • Address: 408 N Ohio Ave
  • Address Direction: N
  • Address Number: 408
  • Address Search Number: 408
  • Address Street: Ohio
  • Area: Atlantic City
  • County: Atlantic
  • Directions: From Atlantic Ave, Go down to Indiana, left on Hummock another left on Ohio Ave.
  • Fips Code: 34001
  • Location: Boardwalk Area
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 12-08-2023
  • Tax Year: 2023
  • Taxes: 6709
Property
Lot Information
  • Approved Short Sale?: No
  • Approx SQFT: 1824
  • Block #: 498
  • Lot #: 3
  • Lot Dimensions: 25x90
Property and Assessments
  • Age: 25+ Years
  • Associated Document Count: 0
  • Improved Value: $164,200
  • Land Value: $24,000
  • New Construction: No
  • Total Assessment: 188200
  • Water: Public
  • Year Built: 1900
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Outside Features: Curbs, Fenced Yard, Porch, Sidewalks
  • Siding/Exterior: Stucco
  • Storms/Screens: Screens
Interior Features
  • Appliances: Gas Stove, Refrigerator
  • Heating: Radiator
Multi Family
Multi-Family Information
  • # of 1 Bedroom Units: 1
  • # of 4 Bedroom Units: 1
  • Annual Electric (O/T): Owner
  • Annual Gas (O/T): Owner
  • Annual Maint (O/T): Owner
  • Annual Sewer: 784
  • Annual Sewer (O/T): Owner
  • Annual Taxes: 6709
  • Annual Taxes (O/T): Owner
  • Annual Water: 1430
  • Annual Water (O/T): Owner
  • Limited Service (Y/N): No
  • Number Of Units: 2
  • Rental Information: 100 Percent Occupancy, Monthly, See Remarks
  • Separate Meters: Electric, Gas
  • Suitable For: Multi Family + Rooms, Other (See Remarks)

Property History for 408 North Ohio 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 408 North Ohio Avenue

Taxable ValueLand$24,000Additions$164,200Total$188,200
Tax Record2022$7,108 ($592 / month)
Home Facts
Beds0Total Finished SqFt1,824 SqFtAbove Grade Finished SqFt1,824 SqFtStories3Lot Size2,252 SqFtStyleSingle Family ResidenceYear Built1900ZoningR-3CountyATLANTICAPN02 00498-0000-00003

Schools near 408 North Ohio 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
New York Avenue 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.

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408 North Ohio Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on December 8, 2023 by WEICHERT REALTORS ASBURY GROUP-AC, it's currently listed at $250,000. It has been on the market for a total of 150 days and was last sold on December 21, 2004. This listing's school district is Atlantic City Public School District. Nearby schools include New York Avenue School, Atlantic City High School and Our Lady Star Of The Sea Regional. 408 North Ohio Avenue is a 0-bed, 0-bath, 1,824 sqft multi-family home built in 1900.

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 WEICHERT REALTORS ASBURY GROUP-AC

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.