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715 N Michigan Ave

Atlantic City, NJ 08401
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Bed 4

Bed

Bath 0

Bath

SqFt1,550

Sqft

INVESTOR ALERT - 13%+ Cap Rate on this near Turn Key Money Making partially rented duplex near the corner of Magellan and N. Michigan Aves. 2nd floor has been rented via Seciton 8 for over a year now and the first floor is vacant, fixed up, and ready for a new tenant. Beautifully bold red brick exterior with white vynil wrapping around newer thermal windows. Seperate gas and electric (Paid by the tenants). Low water and sewer bill paid by the landlord. Close to AC Expressway & Route 30 (White Horse Pike) for easy access in and out of the city. Close to MLK School, the AC Convention Center and the Outlets at the Tanger Walk shopping center. Two minute car ride to the Borgata, Harrahs, & Golden Nugget hotel and casinos, the Absecon Lighthouse, and of the course the Jersey Shore Beaches and t he Worlds most famous Boardwalk! Double Digit cap rates, positive cash flow, low maintenance and a booming real estate market make this an ideal purchase for the savvy buyers looking to time the market perfectly! Live in one unit and rent out the other! First time home buyers may even qualify for up to $50,000.00 in Grant Money towards this purchase! Buy it now with about 2.5 Bitcoins or ask us about Hard Money Loans & Private Financing. All standard bank loans are also acceptable as well including FHA, VA, DSCR, and Conventional financing options. Income and Expenses available to qualified buyers. Hablo Espanol.

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Detail Ic Property Details

Property Type : Residential Income

Price : $220,000

AD Id : 72839257

MLS Id : 603069

Beds : 4

Living Area Size : 1,550

Year Built : --

Garage : 3

County : Atlantic

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Feature Features

  • Bedroom Information

    Total beds: 4
  • Interior Features

    Appliances: Electric Cooktop, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Electric Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Construction Materials: Brick, Vinyl Siding Private Pool: No

  • Listing Price Information

    Listing Price: $220000

  • Tax Information

    Annual Tax: $4894

  • Garage Information

    Has Garage: Yes Garage Space: 3

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
111 Oriental Ave, Atlantic City, NJ, 08401 $799,000 -- -- 4,620 4,620 SqFt
205 S Vermont Ave, Atlantic City, NJ, 08401 $545,000 6 -- 2,312 2,312 SqFt
104 S Massachusetts Ave, Atlantic City, NJ, 08401 $799,000 -- -- 2,688 2,688 SqFt
711 Adriatic Ave, Atlantic City, NJ, 08401 $309,900 5 -- --
1013 Arctic, Atlantic City, NJ, 08401 $235,000 -- -- --
711 Adriatic Avenue, Atlantic City, NJ, 08401 $309,900 5 -- 1,980 1,980 SqFt
1115 Arctic Ave, Atlantic City, NJ, 08401 $319,000 4 -- --
555 N Maryland Ave, Atlantic City, NJ, 08401 $1,200,000 5 -- 2,730 2,730 SqFt
203 N South Carolina Ave, Atlantic City, NJ, 08401 $359,995 -- -- --
132 N Tennessee Ave, Atlantic City, NJ, 08401 $449,000 8 -- 3,123 3,123 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the South Jersey Shore Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 South Jersey Shore Regional MLS. All Rights Reserved.

ByOwner last updated this listing 06/17/2026 @ 14:03

MLS: 603069 LISTED BY: GERARD (Jerry) BARKER, WEICHERT REALTORS ASBURY GROUP-AC SOURCE: South Jersey Shore Regional MLS

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