Description
Incredible Investment Opportunity " Perfect for Airbnb, Long-Term Rental, or First-Time Homebuyers!Nestled in the sought-after Chelsea Heights neighborhood, this elevated 3-bedroom, 1.5-bath home is packed with potential"whether youre seeking a primary residence, vacation rental income, or a profitable long-term investment.Property Highlights:Gleaming hardwood floors throughoutSpacious fenced yard ideal for entertaining or relaxing outdoorsLarge side deck off the kitchen for additional outdoor living spaceRaised post-Hurricane Sandy with a ground level offering 6-foot ceilings"great for storage or future expansionNew HVAC system, two driveways, and three decksPrime location"just minutes from Atlantic City beaches, boardwalk, casinos, restaurants, and outlet shoppingFinancial Incentives:May qualify for up to 10% down payment and $5,000 in closing cost assistance through the Atlantic County Improvement AuthorityAdditional city and state grants of up to $50,000 may be available for eligible buyersAirbnb potential: Estimated nightly rates of $200"$300 with high occupancy in the areaLong-term rental income: Average monthly rents of $2,800"$3,100, yielding an attractive cap rate of approximately 11.34%All within walking distance to parks and recreation, and just a short drive to all the best Atlantic City has to offer. Whether you're starting out or scaling up, this beautifully updated home is a rare find with outstanding income potential." Schedule your private tour today!
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3BEDS
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0.12ACRES
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1BATHS
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11/2 BATHS
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1,088SQFT
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$349$/SQFT
Description
Incredible Investment Opportunity " Perfect for Airbnb, Long-Term Rental, or First-Time Homebuyers!Nestled in the sought-after Chelsea Heights neighborhood, this elevated 3-bedroom, 1.5-bath home is packed with potential"whether youre seeking a primary residence, vacation rental income, or a profitable long-term investment.Property Highlights:Gleaming hardwood floors throughoutSpacious fenced yard ideal for entertaining or relaxing outdoorsLarge side deck off the kitchen for additional outdoor living spaceRaised post-Hurricane Sandy with a ground level offering 6-foot ceilings"great for storage or future expansionNew HVAC system, two driveways, and three decksPrime location"just minutes from Atlantic City beaches, boardwalk, casinos, restaurants, and outlet shoppingFinancial Incentives:May qualify for up to 10% down payment and $5,000 in closing cost assistance through the Atlantic County Improvement AuthorityAdditional city and state grants of up to $50,000 may be available for eligible buyersAirbnb potential: Estimated nightly rates of $200"$300 with high occupancy in the areaLong-term rental income: Average monthly rents of $2,800"$3,100, yielding an attractive cap rate of approximately 11.34%All within walking distance to parks and recreation, and just a short drive to all the best Atlantic City has to offer. Whether you're starting out or scaling up, this beautifully updated home is a rare find with outstanding income potential." Schedule your private tour today!
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