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Key Details
Sold Price $730,000
Property Type Other Types
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 570962
Sold Date 03/21/23
Bedrooms 2
Annual Tax Amount $5,602
Tax Year 2022
Property Sub-Type Duplex
Property Description
This is a great opportunity to own a property three blocks to the beach at this price point. One 2 BR/1 Bath unit and the other is 2 bedroom 1.5 baths. Nice sized enclosed yard with large storage shed and a patio area to enjoy outdoor lounging or dining. Live in one unit and rent out the other or utilize the whole house for your own personal use. Lots of storage. There is a tenant in unit A (on a month to month lease) paying $1,400/month with a long-term rental history of good payment. There are already condo docs that just need to be finalized if the BUYER wants to turn the 2 units into 2 condos. (Master Deed with Lawyer to be filed only if new only wants this done - to be paid for by new owner) - but all other work has been done.
Location
State NJ
County Atlantic
Community Margate
Area Margate City
Rooms
Other Rooms Storage Attic
Basement Crawl Space
Interior
Heating Forced Air, Gas-Natural
Exterior
Exterior Feature Vinyl
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
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