715 N Michigan Ave Atlantic City, NJ 08401

Price
$269,000
Listed On
Type
For Sale
Status
Active
715 N Michigan Ave, Atlantic City, NJ 08401
715 N Michigan Ave, Atlantic City, NJ 08401
715 N Michigan Ave, Atlantic City, NJ 08401
715 N Michigan Ave, Atlantic City, NJ 08401
715 N Michigan Ave, Atlantic City, NJ 08401
715 N Michigan Ave, Atlantic City, NJ 08401
715 N Michigan Ave, Atlantic City, NJ 08401
715 N Michigan Ave, Atlantic City, NJ 08401
715 N Michigan Ave, Atlantic City, NJ 08401
715 N Michigan Ave, Atlantic City, NJ 08401
715 N Michigan Ave, Atlantic City, NJ 08401
715 N Michigan Ave, Atlantic City, NJ 08401
715 N Michigan Ave, Atlantic City, NJ 08401
715 N Michigan Ave, Atlantic City, NJ 08401
715 N Michigan Ave, Atlantic City, NJ 08401
715 N Michigan Ave, Atlantic City, NJ 08401
715 N Michigan Ave, Atlantic City, NJ 08401
715 N Michigan Ave, Atlantic City, NJ 08401
4 Beds
2 Bath
1550 sqft
Asking  $269,000

Snapshot

Type
For Sale
Category
Purchase
Property Type
Residential Multi Family
Property Subtype
Duplex
MLS Number
603069
Parcel Number
Property Sqft
1,550 sqft
Lot Size
Bedrooms
4
Bathrooms
2
Full Bathrooms
2
3/4 Bathrooms
0
Half Bathrooms
0
Quarter Bathrooms
0
Lot Size (in sqft)
-
Price Low
-
Room Count
-
Building Unit Count
2
Condo Floor Number
0
Number of Buildings
-
Number of Floors
0
Parking Spaces
0
Location Directions
Near the corner of N. Michigan and Magellan Aves.
Special Listing Conditions
Auction
Auction
Bankruptcy Property
Bankruptcy Property
HUD Owned
HUD Owned
In Foreclosure
In Foreclosure
Notice Of Default
Notice Of Default
Probate Listing
Probate Listing
Real Estate Owned
Real Estate Owned
Short Sale
Short Sale
Third Party Approval
Third Party Approval

Description

INVESTOR ALERT - 12%+ Cap Rate on this near Turn Key Money Making partially rented duplex near the corner of Magellan and N. Michigan Aves. 2nd floor has been rented via Seciton 8 for over a year now and the first floor is vacant, fixed up, and ready for a new tenant. Beautifully bold red brick exterior with white vynil wrapping around newer thermal windows. Seperate gas and electric (Paid by the tenants). Low water and sewer bill paid by the landlord. Close to AC Expressway & Route 30 (White Horse Pike) for easy access in and out of the city. Close to MLK School, the AC Convention Center and the Outlets at the Tanger Walk shopping center. Two minute car ride to the Borgata, Harrahs, & Golden Nugget hotel and casinos, the Absecon Lighthouse, and of the course the Jersey Shore Beaches and the Worlds most famous Boardwalk! Double Digit cap rates, positive cash flow, low maintenance and a booming real estate market make this an ideal purchase for the savvy buyers looking to time the market perfectly! Live in one unit and rent out the other! First time home buyers may even qualify for up to $50,000.00 in Grant Money towards this purchase! Buy it now with about 2.5 Bitcoins or ask us about Hard Money Loans & Private Financing. All standard bank loans are also acceptable as well including FHA, VA, DSCR, and Conventional financing options. Income and Expenses available to qualified buyers. Hablo Espanol.

More Details

MLS Name
South Jersey Shore Regional MLS
Source
ListHub
MLS Number
603069
MLS ID
SJSRMLSNJ
Virtual Tour
PARTICIPANT
Name
GERARD (Jerry) BARKER
Primary Phone
(609) 481-7745
Key
3YD-SJSRMLSNJ-6801
Email
john@weichertoc.com
BROKER
Name
WEICHERT REALTORS ASBURY GROUP-AC
Phone
(609) 344-6200
OFFICE
Name
WEICHERT REALTORS ASBURY GROUP-AC
Phone
(609) 344-6200
Copyright © 2025 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Features

Basement
Basement
Dock
Dock
Elevator
Elevator
Fireplace
Fireplace
Greenhouse
Greenhouse
Hot Tub Spa
Hot Tub Spa
New Construction
New Construction
Pool
Pool
Sauna
Sauna
Sports Court
Sports Court
Waterfront
Waterfront
Appliances
Refrigerator
Refrigerator
Construction Materials
Brick
Brick
Cooling
Multi Units
Multi Units
Window Unit(s)
Window Unit(s)
Exterior
Curbs
Curbs
Sidewalks
Sidewalks
Heating
Baseboard
Baseboard
Electric (Heating)
Electric (Heating)
Rooms
Basement
Basement
Bathroom 1
Bathroom 1
Bathroom 2
Bathroom 2
Bedroom 1
Bedroom 1
Bedroom 2
Bedroom 2
Bedroom 3
Bedroom 3
Bedroom 4
Bedroom 4

History

DateEventPrice$/SqftSource
Listed For Sale$269,000 $174WEICHERT REALTORS ASBURY GROUP-AC
Report issue with price history

Taxes

YearAnnual AmountDescription
2025$4,998

Nearby Schools

Elementary & Middle School

Dr M L King Junior School Comp

0.4 miles awayKG - 08

Elementary & Middle School

Oceanside Cs

0.4 miles awayPK - 08

Elementary & Middle School

New York Avenue School

0.4 miles awayKG - 08
Show more
Get more info on 715 N Michigan Ave, Atlantic City, NJ 08401
Profile
GERARD (Jerry) BARKER
Listing Agent
(609) 481-7745
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
GERARD (Jerry) BARKER
Listing Agent
(609) 481-7745
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.