38 N IOWA Ave, Lower Chelsea, NJ 08401
38 N IOWA Ave, Lower Chelsea, NJ 08401
38 N IOWA Ave, Lower Chelsea, NJ 08401
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$599,990
Est. payment /mo
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3 Beds
3 Baths
Price Dropped by $25K

38 N IOWA Ave Lower Chelsea, NJ 08401

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Vince Capriotti

Vince Capriotti

+1(609) 923-1065

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 604734

Bedrooms 3

Full Baths 3

Annual Tax Amount $7,118

Tax Year 2025

Property Sub-Type Triplex

Property Description

TRIPLEX 12% CAP RATE.... This is a turn key opportunity for great income. This grand old Duchess of a home sits on a beautiful wide avenue, Iowa Ave. It is just 2.5 blocks to the world famous Atlantic City Board walk and beach. Great restaurants, shopping and Casino action are just a short stroll away. We have given this grand old lady a total make over, you can start ranting it tomorrow....All new floors, windows, and beautiful bathrooms. The kitchen features all stainless steal appliances; microwave, refrigerator, and of course a gas stove. Add in the granite counter tops for a perfect kitchen. Each of the 3 units come equipped with climate controls split heater/air-conditioners. All apartments offer 2 bedrooms, a dinning area, kitchen, upgraded shower and bathroom, and living room.

Location

State NJ

County Atlantic

Community Lower Chelsea

Area Atlantic City

Rooms

Other Rooms Dining Area, Kitchen, Living Room, Pantry

Basement 6 Ft. or More Head Room, Full, Masonry Floor/Wall, Outside Entrance, Plumbing, Slab, Unfinished

Interior

Heating Electric, Forced Air, Multi-Zoned

Exterior

Exterior Feature Vinyl

Parking Features None

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

South Jersey Shore Regional MLS (SJSRMLS)
Listed by BHHS FOX and ROACH-Margate

NEARBY SCHOOL & BUSINESS

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Vince Capriotti

Vince Capriotti

Agent | License ID: 1753769

+1(609) 923-1065

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38 N IOWA Ave

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