Unique ownership opportunity at this prestigious Atlantic City Town Home Yearly Tenant through 12/31/2017. Tenant rent payments are, $1,850 a month through 12/31/2017. Mortgage lending may not be approving loan on the property due to the issues: 1. Pending litigation with the condominium association 2. One entity owns more than 10% of the units in the condominium building (one entity owns 13 out of the 60 units). The seller will provide the buyers with a five years mortgage balloon if needed or buyers were to purchase the property in cash.
Listing courtesy of: BALSLEY/LOSCO-MARGATE
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