For Sale 48 Pennsylvania, 48, Atlantic City, NJ, 08401

Welcome to this charming 3-bedroom, 1.5-bath, two-story townhouse-style condominium in the highly sought-after Martin Manor community! This well-maintained home has been recently remodeled with new flooring on the second floor, fresh paint throughout, and updated light fixtures, giving it a modern and inviting look. Conveniently located just minutes from the famous Atlantic City Boardwalk, this home also offers low taxes and an affordable $300/month association fee, which includes water, sewer, flood insurance, and ample parking. Move-in ready, just in time to start enjoying all that Atlantic City has to offer!

10-unit mixed-use building located just half a block from the Hard Rock Hotel & Casino and only 1.5 blocks to the beach and the world-famous Atlantic City Boardwalk! This investment opportunity offers a current 10.5% cap rate and includes a large ground-floor commercial space, currently leased to a restaurant, with separate gas and electric meters. The building also features nine residential units, each with individual electric meters.

Great location across the street from the Hard Rock Casino. There are two (2) units. One of the units is vacant for you to lease for about $3,500/month. The other unit is a food store and has been there for 17 years and wants to renew long-term lease in October for $8,000/mo. Property was fully rehabbed in 2008, including a new roof, which was redone in 2018. Property has great, steady income. Current owner can quickly lease vacant unit if desired by buyer. Also, with 20% downpayment, Seller may offer owner financing.