36 N Florida Ave, Atlantic City, NJ 08401

Income-Producing Triplex – $499,000 Investor special or perfect house-hack opportunity! Welcome to 36 N Florida Ave, a spacious triplex in the heart of Atlantic City offering immediate income and long-term upside. This property features: Two 2-Bedroom, 1-Bath Units – one currently rented at $1,700/month, together they could bring in $3,400/month combined. One 4-Bedroom, 1-Bath Unit – currently vacant, with conservative rental potential of $2,200/month. That’s a total gross rental potential of $5,600/month or $67,200/year once fully occupied. Live in the vacant 4-bedroom unit and offset your mortgage with $3,400/month in rental income from the other two units — or rent all three for strong cashflow in a growing market. Property is being sold strictly AS-IS, with the buyer responsible for the Certificate of Occupancy and all municipal requirements. With a listing price of just $499,000, this is a rare chance to secure a triplex with solid income, value-add potential, and a path to … read more …