204 Atlantic St, Bridgeton, New Jersey, United States | Homes For Sale at GLOBAL LISTINGS

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Home For Sale

$475,000

204 Atlantic St
Bridgeton, New Jersey, United States

13bd

Listed By: Realtyww Info

Listed On: 08/08/2024

Listing ID: GL11679974 View More Details

Description

Discover a rare opportunity with this Class A Rooming House (Current New Jersey State License) located in the charming town of Bridgeton, NJ. Built in 1900, the property boasts 14 units within multiple buildings. It is currently operating at approximately 70% occupancy with current rental agreements in place. This type of asset offers a stable and consistent income stream. The property stands out in todays market as a hard-to-find asset class, providing a unique blend of historic charm and modern income potential. There are three styles of units within the buildings. Units 1-4 are efficiency units with a full bath and kitchenette. Units 5, 7, 9 and 12 are single room units with a hlaf bath. Units 6, 8, and 14 are single room units with a sink. Unit 11 is an efficiency unit with a full bath.

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Listed by: Rich Warner, President Of Record