Bought with Georgeanna Tracey Newmones • EXP Realty, LLC
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23 N BOSTON AVE Atlantic City, NJ 08401
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Key Details
Sold Price $280,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $233
MLS Listing ID NJAC2020194
Sold Date 11/05/25
Style A-Frame
Abv Grd Liv Area 1,200
Year Built 1900
Annual Tax Amount $4,263
Tax Year 2024
Lot Dimensions 38.00 x 49.50
Property Sub-Type Detached
Source BRIGHT
Property Description
Great Opportunity in the Heart of Lower Chelsea! This two-story duplex offers two spacious 2-bedroom units, both vacant and ready for immediate occupancy—perfect for an owner-occupant or an investor. The property is in turn-key condition with separate utilities for each unit, ensuring convenience and efficiency. A large side lot is included, providing extra outdoor space or future potential. Whether you choose to live in one unit and let the other help offset your mortgage, or rent out both units to build equity while your tenants pay, this property offers exceptional versatility and income potential in a desirable location. CoC ROI 14.29% (Based on 7% int, 5% VR, monthly Income $3,300 & Expenses $2434). Potential cash flow min. $860
Location
State NJ
County Atlantic
Area Atlantic City (20102)
Zoning R-2
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Lot Description Additional Lot(s)
Foundation Concrete Perimeter
Above Ground Finished SqFt 1200
Sewer Public Sewer
Water Public
Architectural Style A-Frame
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Atlantic City Schools
Others
Tax ID 02-00261-00023
Ownership Fee Simple
SqFt Source 1200
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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