NJ > Atlantic City
Atlantic City, NJ 08401,4215 Ventnor Ave Ave
Atlantic City, NJ 08401,4215 Ventnor Ave Ave
Atlantic City, NJ 08401,4215 Ventnor Ave Ave
22
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$700,000
Est. payment /mo
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4215 Ventnor Ave Ave Atlantic City, NJ 08401

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

OPEN HOUSE

Sun May 04, 12:00pm - 3:00pm

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 595670

Annual Tax Amount $9,969

Tax Year 2024

Property Description

This listing can't be shown until Sunday, 5/4. Just two blocks from the ocean and boardwalk, this fully leased income-producing property offers strong cash flow and long-term growth potential. The building features four spacious residential units and a commercial storefront. Each apartment includes a comfortable living area, a full kitchen, generously sized bedrooms, and carpeting throughout. The landlord covers heat and hot water, while tenants are responsible for their own gas and electric, helping to minimize owner expenses and stabilize net income. The current rent roll includes a commercial space generating $1,575 per month, plus a share of utilities and water/sewer. The residential units are rented as follows: Apartment 1 at $1,350 per month, Apartment 2 at $1,200 per month, Apartment 3 at $1,500 per month, and Apartment 4 at $1395 per month. With all apartments individually metered and a desirable location close to shopping, restaurants, entertainment, and public transportation, this property is well positioned to attract and retain quality tenants. This is an excellent opportunity to acquire a strong cash-flowing asset in one of the area's most sought-after coastal markets.

Location

State NJ

County Atlantic

Community Atlantic City

Area Atlantic City

Rooms

Basement Slab

Interior

Heating Baseboard

Building

Sewer Public Sewer

Water Public

Others

Virtual Tour https://www.zillow.com/view-imx/12b84c97-73c9-45f4-9903-00e8ebf4205d?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

South Jersey Shore Regional MLS (SJSRMLS)
Listed by Roman Balandin Realty

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agent

Jonathan Greene

Team Leader | License ID: 1433604

+1(973) 873-0734

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4215 Ventnor Ave Ave

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