Multi-Family Building Comprised of Seven Rooms and One Apartment with Multiple Kitchens and Full Bathrooms Just Off the Boardwalk

  • $220,000
171 Westminster Ave
  • Investment, Multi-Family
  • Property Type

Multi-Family Building Comprised of Seven Rooms and One Apartment with Multiple Kitchens and Full Bathrooms Just Off the Boardwalk

171 Westminster Ave
  • $220,000

Overview

Property ID: LCRE-LCRE-5868
  • Investment, Multi-Family
  • Property Type
  • Address 171 Westminster Ave
  • City Atlantic City
  • State/county New Jersey
  • Zip/Postal Code 08401

Details

Updated on December 22, 2021 at 12:43 pm
  • Property ID: LCRE-LCRE-5868
  • Price: $220,000
  • Property Type: Investment, Multi-Family
  • Property Status: Sold
  • Building SqFt: 1,920
  • Block #: 51
  • Lot #: 44
  • Lot Dimensions: 25' x 50'
  • Number of Buildings: 1
  • Number of Units: 8
  • Number of Stories: 4
  • Zoning: RS-C
  • Total Assessment: $167,000
  • Assessed Land Value: $90,000
  • Improvement Value: $77,000
  • Tax: $6,653
  • Tax Year: 2019
  • Air Conditioner: Window Units
  • Exterior Features: Porch
  • Heating: Radiator
  • Hot Water: Gas
  • Location: Beach Block, Boardwalk Area, Corner, Water View
  • Sewer: Public
  • Specialty Rooms: Kitchen/Kitchenette
  • Style: Free-Standing

Description

Atlantic City Charm. Offering a multifamily building comprised of Seven Rooms and One Apartment with multiple Kitchens and Full Bathrooms just off the Boardwalk between New York and Kentucky Avenues. Westminster is full of history and still positioned correctly surrounded by the new development on the orange loop. First time this building is being offered in many years. Ideal to continue running as a licensed rooming house or gear it up for the short term/vacation rental. Large rooms some with Ocean Views make this an easy update for the boutique rental business along with the proximity to the boardwalk and hot spots outside the casinos.

All information is from sources deemed to be reliable; however, no warranty or representation is made as to the accuracy of the information provided herein by LEVIN Commercial Real Estate, LLC. (its principals, employees or agents). All information is submitted subject to errors, omissions or changes of availability and/or terms, which may be changed without liability upon discovery or notice. Many factors affect property value and the prospect agrees to take full responsibility for adequately investigating any potential conditions that may affect their ownership or usage of the property. All are advised and expected to retain competent advice for legal, financial, construction, architectural, engineering or appraisal matters, or any similar expertise, as LEVIN Commercial Real Estate, LLC. is a real estate brokerage firm and does not represent itself as a qualified professional in any other discipline.

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