Commercial > Multi-family / Apartments
Active
1 week ago
List Price
$1,000,000
1 Delancy Pl
Atlantic City, NJ 08401
- -Bed
- -Bath
- 2,532ft²Living Area
- 2,400ft²Lot Size
- -Pool
- -Car
- 1930Year Built
- 10DOM
- -Permit
1 Delancy Pl, Atlantic City, NJ 08401 is a 2,532 ft² multi-family/apartments property built in 1930 on a 0.055 acre lot. This multi-family/apartments is currently listed for $1,000,000, and it was last sold in 2019 for $280,000.
MLS Description
The listing agent's description. Original Listing
Introducing a prime CRE opportunity in Atlantic City's Chelsea Heights: a lucrative 6-unit apartment building that's a true money maker! This property features an ultra-luxurious 2-bedroom unit currently rented out via Airbnb, generating an impressive $30,000 in less than a year of operation. With its stellar 5-star reviews, the potential for revenue growth is sky-high. Plus, imagine indulging in this swanky pad as your very own owner's unit or vacation getaway! Of the remaining units, three have been recently renovated to modern standards, while the two others are clean and solid, offering the perfect canvas for renovation to further increase rents. All units are currently leased below market rates, making this an exceptional value-add investment opportunity. Nestled in the desirable Chelsea Heights, the building is conveniently located under two blocks from the beach at Bartram's Garden, featuring a beautiful grass area and restrooms. Just a short stroll away, you'll find the bay, Stockton College, and the renowned Knife and Fork Inn and Restaurant. And with easy access to all that Atlantic City, Ventnor, Margate, and Longport have to offer, this property is in the heart of it all. Don't miss out on this incredible investment opportunity – seize it before someone else does! Agent has financial interest. Owner is RE Licensee
Listing Agents
The listing agent for 1 Delancy Pl is William (Brandon) Spinner.
W(
William (Brandon) Spinner
REAL
License: 1647459
Phone: (856) 979-5967
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$10,532.70From latest Total Assessed Value3.9%Total Assessed Value$270,000=Land+
Assessed Value$60,000Additions
Assessed Value$210,000
In 2021, taxes billed for 1 Delancy Pl were $10,532.7, which is 3.90% from latest Total Assessed Value of $270,000.
Property History
1 Delancy Pl has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1 Delancy Pl
Hazard Risks
Hurricane175Carb Mono153Air Pollution117Ozone116Lead110Weather107Nat'l Avg100Particulates97Wind94Earthquake43Hail36Tornado25
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 1 Delancy Pl.
Walkability Index
15 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1 Delancy Pl has a walkability score of 15 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
29°F
High
43°F
Summer
Average
Low
66°F
High
80°F
In the winter at 1 Delancy Pl, temperatures range from 28.52°F to 43.22°F with an average of 35.87°F. In the summer, the temperature ranges from 65.73°F to 79.58°F with and average of 72.66°F.
School Information
Public/private schools serving 1 Delancy Pl
Public Schools
Richmond Avenue School
Grades: PK-8
0.12 mi
C
Atlantic City High School
Grades: 9-12
1.59 mi
D-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 1 Delancy Pl have ratings undefined, and undefined.
Neighborhood
This property is located in Lower Chelsea, Atlantic City, NJ 08401.
Seasonal Housing units 08401
41%of housing is for seasonal rent.
Daytime Population for 08401
+58%of people during work hours.
Boundary map of Lower Chelsea.
Crime Index for 08401
162
162
The crime index in 08401 is 162, which is 1.6 times higher than national average.
Market Trends
Historical market data near 1 Delancy Pl over selected time period.
Nearby Properties on Delancy Pl
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