NJ > Ventnor
Ventnor, NJ 08406,4805 Ventnor #1
Ventnor, NJ 08406,4805 Ventnor #1
Ventnor, NJ 08406,4805 Ventnor #1
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$49,900
Est. payment /mo
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1 Bed
1 Bath
Pending

4805 Ventnor #1 Ventnor, NJ 08406

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Michelle McMaster

Michelle McMaster

+1(856) 335-5586

UPDATED:

Key Details

Property Type Condo

Sub Type Condo

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 595265

Bedrooms 1

Full Baths 1

Year Built 1920

Annual Tax Amount $984

Tax Year 2024

Property Sub-Type Condo

Property Description

Opportunity knocks with this 1 bed / 1 bath basement apartment on the market for under $50,000. This special price is backed by a very motivated seller. Thought to have possibly once housed the building supervisor, this below-ground unit features a side entrance located under the fire escape, next to the building's shared laundry and bike storage areas. This area does not have direct access to the main building. Acquired as a foreclosure, this property is being sold "as-is" and currently generates $775/month on a month-to-month lease. Seller may consider holding a 1st purchase money mortgage for no more than 1/2 the purchase price subject to buyer qualifications in the sole discretion of the seller. Terms of the purchase money mortgage shall be subject to negotiation between the parties. Yes, it needs work—but at this price point, it's an incredible investment with immediate rental income. Don't miss your chance to get on the property ladder in Ventnor. Please note the seller is a licensed real estate agent is NJ

Location

State NJ

County Atlantic

Community Ventnor

Area Ventnor City

Interior

Heating Gas-Natural

Exterior

Parking Features None

Building

Story Three to Five

Unit Location See Remarks

Sewer Public Sewer

Water Public Water

Others

Senior Community No

South Jersey Shore Regional MLS (SJSRMLS)
Listed by FARLEY and FERRY REALTY, INC

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agent

Michelle McMaster

Broker | License ID: 1542221

+1(856) 335-5586

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4805 Ventnor #1

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