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322 N Tennessee Ave, Atlantic City, NJ 08401

Atlantic City
Local realty services provided by:CENTURY 21 Rauh & Johns
322 N Tennessee Ave,Atlantic City, NJ 08401
$272,500
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: gerard (jerry) barker
Office: weichert realtors asbury group-ac
MLS#:604154
Source:NJ_SJSRMLS

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Price summary

  • Price:$272,500

About this home

Investor ALERT - 11.50% Cap Rate or Live in one unit and rent out the other to pay all the bills!!! Second Floor 2bdrm Apartment rented out for $1750 p/m. Ground floor unit is now vacant. Each unit was renovated & feature vynil plank flooring throughout, Natural Gas Cooking, Natural Gas hot water baseboard heating, eat in kitchens with decks, large living rooms, two large bedrooms, one full bathroom, & washer/dryer hook-ups. Outside there is plenty of parking in back of the property and along both Tennessee and Drexel Aves. Close to AC Expressway & Route 30 (White Horse Pike) for easy access in and out of the city. Close to NY Ave 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...

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Home facts

  • Listing ID #:604154
  • Added:135 day(s) ago
  • Updated:June 09, 2026 at 06:45 AM

Rooms and interior

  • Kitchen Description:Gas Stove, Refrigerator, Self Cleaning Oven

Heating and cooling

  • Heating:Baseboard, Gas-Natural, Hot Water

Structure and exterior

  • Construction Materials:Vinyl
  • Exterior Features:Curbs, Deck, Sidewalks

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$272,500
  • Tax amount:$5,641 (2026)

Parking

  • Parking description:Three or More Cars

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