203 N North Carolina Ave
Listing Notes
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex with the rights to ass or make into a fourth unit!! The commercial space is currently vacant. The second floor one bdrm apartment is leased out via Section 8 and big enough for a 3 person max limit on the CO by the city, the top two floors are currently vacant. The 3bdrm apartment is big enough for 7 people on the CO from the city. The residential units have open floor plans with plenty of natural sunlight from all the windows & nice panoramic views of the city all around the apartment. They feature gas cooking, Vynil Plank flooring throughout, and natural gas hot water baseboard heating. Located in close vicinity to City Hall, Tanger Outlets shopping, All Casinos including Tropicana and Ceasers Wild Wild West, 5 Star Dining, World Class Nightlife, Jersey Shore Beaches, World Famous Baordwalk, and the Atlantic Ocean! Close to Absecon Lighthouse, Gardners Basin, Back Bay Ale House, Gilchrest, AC Aquarium, Fishing Jettys & Peirs, Showboat & Waterpark, Borgata, Harrahs, Ocean Casino, Hardrock & Steel Peir, Resorts & Margaritaville, Golden Nugget & Farley Marina, the Little Water Distillery, Axe Throwing, and Seed Brewery! Street Parking Only. Convert back to the 4 unit and make an additiona $8000 P/Y or more!!
Price in context
Cheaper than 25% of the 24 homes listed nearby right now, which run $199,000 to $499,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 1515 Boardwalk Unit 911 | $199,000 | 1 bd · 1 ba |
| 1515 Boardwalk Unit 809 | $200,000 | 1 bd · 1 ba |
| 352 N Connecticut Ave | $215,000 | 4 bd · 2 ba |
| 1044 Drexel Ave | $219,900 | 4 bd · 2 ba |
| 1013 Arctic Ave | $235,000 | — |
| 1534 Atlantic Ave | $235,500 | — |
| 641 Howard Ave | $240,000 | 3 bd · 1 ba |
| 446 N New Jersey Ave | $250,000 | 4 bd · 3 ba |
| 516 N Delaware Ave | $255,000 | — |
| 660 N Kentucky Ave | $255,000 | 4 bd · 2 ba |
| 638 N Kentucky Ave | $257,000 | 3 bd · 1 ba |
| 716 Drexel Ave | $295,000 | 4 bd · 2 ba |
| 800 Adriatic Ave | $298,500 | 4 bd · 2 ba |
| 151 S Ocean Ave | $299,900 | — |
| 711 Adriatic Ave | $309,900 | 3 bd · 2 ba |
| 1115 Arctic Ave | $319,000 | 4 bd · 2 ba |
| 107 Chesapeake Bay Ct | $319,000 | 3 bd · 2 ba |
| 712 Magellan Ave | $334,000 | 4 bd · 2 ba |
| 700 Baltic Ave | $367,000 | 3 bd · 3 ba |
| 600 N Pennsylvania Ave | $375,000 | — |
| 1129 Pacific Ave | $399,999 | — |
| 123 N Delaware Ave | $420,000 | 3 bd · 3 ba |
| 132 N Tennessee Ave | $449,000 | 3 ba |
| 102 S Ocean Ave | $499,000 | 5 bd · 3 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more