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205 GRAMMERCY PLACE, Atlantic City, NJ 08401
$439,900 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
3
baths
1,452
sqft
Built in
1997
INVESTORS DREAM! Just in time for summer in the desireable inlet area! This fully furnished, single family home has a gorgeous renovated interior, an open concept kitchen perfect for entertaining. Just steps to the inlet boardwalk and 3 blocks to the beach on the quiet northern end of AC yet minutes from all the action. The bedrooms, full bath and laundry are on the second floor. The exterior features a front porch, fence, a large driveway and a one car garage that is currently a party room. Use as a vacation home and rent for extra income. This property has successfully run as a short term rental with a $50k average income. Please ask to see investor packet for rental history, upgrades and comps that make this purchase a no brainer. Completely turn key with complete management of Airbnb in place and upcoming bookings can be included . No HOA.
Features & Amenities
Interior
- General:
- Ceiling Fan(s),Combination Kitchen/Living,Combination Kitchen/Dining,Floor Plan - Open,Kitchen - Eat-In,Kitchen - Island,Pantry,Recessed Lighting,Stall Shower,Tub Shower,Window Treatments
- Appliances:
- Built-In Range
- A/C:
- Central A/C
- Heating:
- Y, 90% Forced Air, Natural Gas
- Disability Feature:
- None
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Side-by-Side
Construction
- General:
- Frame, 2, Crawl Space
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- ATLANTIC CITY SCHOOLS
- County:
- ATLANTIC
Lot
- Zoning:
- NEIR, 02-00121 02-00012
- Current Use:
- 0
Utilities
- Water:
- Public
- Sewer:
- No Septic System
Financial
- Source:
- BRIGHT_MAIN
- Exclusions:
- supplies, portable rollaways, small appliances, kitchen items
This listing courtesy of:
Keller Williams Realty - Wildwood Crest, Marsha Straka
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Atlantic City, NJ
Housing
- Number of Units
- 19,924
- Median Home Value
- $148,087
- Median Rent
- $732
70.64% of housing units are renter occupied.
23.56% are vacant.
Commute
- Car
-
50.11%
- Public Transportation
-
17.43%
- Walk to Work
-
17.42%
- Work from Home
-
10.53%
- Other
-
2.79%
The median travel time to work is 20 minutes.
People
- Population
- 37,971
- Median Age
- 39.10
- Median Household Size
- 2.53
Education
- High School
-
33.13%
- Associate’s Degree
-
4.29%
- Bachelor’s Degree
-
12.33%
- Graduate Degree
-
6.09%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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