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2407 ARCTIC AVE Atlantic City, NJ 08401
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Key Details
Sold Price $470,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,412 sqft
Price per Sqft $137
MLS Listing ID NJAC2011028
Sold Date 12/11/24
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $7,415
Tax Year 2023
Lot Size 1,873 Sqft
Acres 0.04
Lot Dimensions 25.00 x 75.00
Property Description
Investors, prime mixed-use property for sale! Located close to White House Subs and Formica's Bakery. Ground floor operates as commercial laundry business with $1,000 rent/month. Additionally, there are two apartments 3 BEDS/unit on the upper floors. Fully occupied with $1,200 rent/month for each apartment. Separate utility meters, except water. The property is being sold strictly in "as is, where is" condition. Don't miss this opportunity!
Location
State NJ
County Atlantic
Area Atlantic City (20102)
Zoning NC-1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Atlantic City Schools
Others
Tax ID 02-00339-00047
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with NON MEMBER • Non Subscribing Office
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