715 N Michigan
Atlantic City, NJ 08401
- – beds
- – baths
- – sqft
- 1,440 sqft lot
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INVESTOR ALERT - Purchase for about 2 BITCOINS! - 16%+ Cap Rate on this Turn Key Money Making fully rented duplex near the corner of Magellan and N. Michigan Aves. 2nd floor just renovated for new tenant. Beautifully bold red brick exterior with white vynil wrapping around newer thermal windows. Seperate gas and electric (Paid by the tenants). 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 Beach and the Worlds most famous Boardwalk! Can be purchased together with a similar Duplex at 1036 N. Ohio (MLS # 529414) and make it package deal for the perfect addition to any investors Real Estate Portfolio. Double Digit cap rates, positive cash flow, low taxes, low maintenance and a booming real estate market make this an ideal purchase for the savvy buyers looking to time the market perfectly!! Hablo Espanol.
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Last updated Apr 24, 2024
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MLS# 529416 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
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Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
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View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/22/21
Nov 22, 2021
|
Sold | SJSRMLS | $72,500 | -26.3% |
|
5/11/21
May 11, 2021
|
Price Changed | SJSRMLS | $98,400 | -1.0% |
|
1/15/21
Jan 15, 2021
|
Price Changed | SJSRMLS | $99,400 | -0.5% |