3411 Winchester Avenue

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3411 Winchester Avenue

Atlantic City, NJ 08401
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily residential building located at 3411 Winchester Avenue.
  • Property features a total of two individual residential units.
  • Situated within the coastal municipality of Atlantic City, New Jersey.
  • Asset type suitable for investors targeting residential rental income.
  • Strategically positioned near regional infrastructure and primary local thoroughfares.

What's Special

This multifamily apartment building at 3411 Winchester Avenue in Atlantic City, New Jersey, is currently available for sale, presenting a practical acquisition for private investors or property operators looking to expand their residential holdings. The structure contains two units, providing a manageable configuration for those seeking to enter or scale within the regional rental market. Atlantic City maintains a distinct position in the South Jersey landscape, serving as a primary tourism and gaming hub that drives a consistent demand for workforce housing and long-term rental options. Investors often favor properties in this coastal submarket for their ability to serve local employees and seasonal residents alike. The two-unit layout offers potential for straightforward management and steady cash flow in an established neighborhood setting near the waterfront. Its location ensures accessibility to the city's primary infrastructure and local thoroughfares, positioning the asset as a reliable addition to a diversified real estate portfolio focused on the Atlantic County area.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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