12 N Iowa Ave
Atlantic City, NJ 08401

The Atlantic City real estate market is HOT and this is a turn key investors dream. 7 units, 1, two-bedroom and 6, one-bedroom units all totally rehabbed down to stud in 2016. New plumbing, electric, roofing, siding and with all new fiberglass decks. Each unit has its own entrance with no common hallways. All units have separate electric heat, electric hot water, and electric stove, all on separate meters that tenant pays, no gas. Total Rents $66,000. Total Expense $16,600. Profit without repairs $49,400. Call for showing instructions. Apt 1, 1 bedroom $825, Apt 2, 1 Bedroom $700, Apt 3, 1 Bedroom $800 Apt 4, 2 Bedroom $900, Apt 5, 1 Bedroom $800, Apt 6, 1 Bedroom $825 Apt 7, 1 Bedroom $650. https://share.icloud.com/photos/046EKDmHTSjRIkwl5McD6i9Pw