117 S Texas Ave,Atlantic City NJ - Active

Investor Opportunity – Fully Occupied Duplex in Atlantic City! Welcome to 117 S Texas Avenue, a fully occupied duplex offering immediate rental income and strong investment potential. The property currently generates $44,400 in annual gross rental income, with both units occupied under active one-year leases. The ground-floor unit features 2.5 bedrooms and 1 full bathroom and has been updated with central air. The second-floor unit** offers 4 bedrooms and 1 full bathroom, along with newer windows and updated flooring. Tenants are responsible for their own electric and gas, helping keep owner-paid expenses lower. With established tenants, active leases, and income already in place, this is a great opportunity for an investor looking to add an income-producing multifamily property to their portfolio. Property is being sold strictly AS-IS. Buyer is responsible for obtaining any Certificate of Occupancy (CO), inspections, certifications, and/or municipal requirements needed for closing, at buyer's sole cost and expense.