36 S Elberon Ave Atlantic City, NJ 08401

INVESTOR ALERT!!! Fantastic income producing property located near Stockton University in Atlantic City. With great potential, this building and its apartments offer a unique opportunity to rent to students, making it a highly desirable investment. Although the property is in need of some TLC, this allows for customization and enhancement, enabling you to maximize its value. Situated in close proximity to the university, this prime location ensures a steady influx of students seeking housing, offering a reliable source of rental income. Don't miss out on this excellent chance to capitalize on the ever-growing demand for student rentals. Basement apartment is a 2 bedroom, 1 bath with a monthly rent of $1,050.00. Unit 2 is a 3 bedroom, 2 Bath unit paying $1,125.00 per month. Unit # 3 is a 3 bedroom, 1.5 Bath unit paying $1,250.00 per month. Tenants all pay their own electric. Units 2 and 3 pay gas for cooking and hot water. Owner pays gas for heating and cooking/hot water for basement apartment and coin operated Laundry for building.