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Presented by: Elite Team Realty, Llc Powered by Highrises

1129 Drexel Ave, Atlantic City, NJ 08401 listing image 1

For Sale

$1,990,000

1129 Drexel Ave, Atlantic City, NJ 08401

3Beds
1Bath
876SqFt

3Beds
1Bath
876SqFt

Property Type
Townhouse
Year Built
1924
Price per Sqft
$2272
On highrises
175 Days

Property Details

ATTENTION INVESTORS!!!! Are you seeking ''TURN KEY'' Residential income generating property? Then, this may be a PERFECT fit for you! PRICED to SELL, a robust Property Portfolio of 11 income generating properties; 719, 1102, 1019, 1104 & 1106, 1261 N Ohio Ave, 901 Keener Ave, 610 & 1129 Drexel Ave, 2017 & 2019 (Duplex) Caspian Ave, Atlantic City, NJ are awaiting the savvy Investor! A quick drive to beaches, shopping, casinos and dining! Centrally located to A/C Expressway, GS Parkway and NJ Route 9 & 30! GREAT opportunity for long term residential or short term/Seasonal rentals! ''Renovate and flip'' potential as well! CHECK OUT this AMAZING opportunity! Reach out TODAY!

Property Features

Bedrooms

Bedrooms: 3

Other Rooms

Total Rooms: 6
Basement Features: Crawl Space

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Heating and Cooling

Cooling Features: Multi Units
Heating Features: Natural Gas, Forced Air
Heating: Yes

Exterior and Lot Features

Porch - Covered

Land Info

Lot Size Acres: 0.02
Lot Size Dimensions: 15 x 44
Lot Size Square Feet: 871

Homeowners Association

Calculated Total Monthly Association Fees: 0

Other Property Info

Annual Tax Amount: 1633
Source Listing Status: Pending
County: Atlantic
Directions: MLK Jr Blvd: î•· Turn right onto Adriatic Ave Turn right onto Kentucky Ave Turn left onto Drexel Ave Property on the left
Tax Year: 2023
Source Property Type: Residential
Exclusions: Personal Property
Property Subtype: townhouse
MLS Area Minor: Atlantic City (ATC)
Parcel Number: 02-00444-0000-00003
Property Subtype: Attached
Source System Name: C2C

Building and Construction

Total Square Feet Living: 876
Year Built: 1924
Building Area Total: 876
Levels: 2
Property Age: 101
Roof: Flat
Levels or Stories: 2
Building Total Stories: 2
Structure Type: Attached
Architectural Style: End Unit, Townhouse, 2 Story

Utilities

Sewer: Public Sewer
Water Source: Public

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
08/21/2024	Listed	$1,990,000	$2,272	MoreMLS
07/31/2024	Listing removed	$99,900	$100	AtlanticCity
09/30/2022	Listing removed	$129,900	$130	AtlanticCity
03/19/2022	Sold	$1,326,900	$1,515	Public Record
12/16/2021	Sold	$119,900	-	AtlanticCity
11/15/2021	Listing removed	$1,375	-	AtlanticCity
10/27/2021	Listing removed	-	-	AtlanticCity

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2023	$1,632	$17,600	+	$28,200	=	$45,800
2022	$1,729	$17,600	+	$28,200	=	$45,800
2021	$1,786	$17,600	+	$28,200	=	$45,800
2020	$1,801	$17,600	+	$28,200	=	$45,800
2019	$1,992	$20,000	+	$30,000	=	$50,000
2018	$1,766	$20,000	+	$30,000	=	$50,000
2017	$1,710	$20,000	+	$30,000	=	$50,000

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
37 S Iowa Ave Apt 4B	$193.7K	2	2	1100	1100
115 S Congress Ave	$299K	3	2	1276	1117
3851 Boardwalk Apt 1806	$229.9K	0	1	N/A	N/A
3101 Boardwalk Unit 1203A1	$169K	1	2	872	872
3101 Boardwalk Unit 3004-1	$249K	1	2	978	978
101 S Raleigh Ave Apt 513	$149K	0	1	N/A	N/A

Presented by:
Pamela Garrett
state license#1539821

This listing is presented by Elite Team Realty, Llc

Broker Location:

MANAHAWKIN

Data Source:

MoreMLS

Source's Property ID:

22424197

Data Source Copyright:

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$1,990,000

1129 Drexel Ave, Atlantic City, NJ 08401