1141 N Michigan, Atlantic City, NJ 08401

Atlantic City
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
1141 N Michigan,Atlantic City, NJ 08401
$179,900
  • 3 Beds
  • 1 Baths
  • 902 sq. ft.
  • Single family
  • Active
Listed by: qizhan (jack) yao
Office: realmart realty
MLS#:609558
Source:NJ_SJSRMLS

Price summary

  • Price:$179,900
  • Price per sq. ft.:$199.45

About this home

TURNKEY INVESTOR SPECIAL: 11.6% Gross Yield in Atlantic City Stop looking for cash flow—it’s right here. This fully occupied, single-family rental generates a steady $1,750/month (+ utilities) with zero immediate turnover or capital expenditures (CapEx) required. The Investment Financials: Asking Price: $179,900 Monthly Rent: $1,750 (Month to Month lease) Gross Annual Income: $21,000 Annual Property Taxes: $1,555 Property Management Setup: Tracked smoothly via RentRedi. Recent Updates & Property Condition: Brand new flooring installed through the living room and hallway. Fresh, clean carpet in all 3 bedrooms. Clean, recently approved Certificate of Occupancy (CO) on file with the city — 100% compliant and ready for a seamless transfer. The Story: The property is being sold strictly to free up liquidity for unrelated outside financial obligations — NOT due to property performance. The multi-year tenants have an impeccable payment history and treat the home with care. This is a pure...

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Home facts

  • Year built:1959
  • Listing ID #:609558
  • Added:2 day(s) ago
  • Updated:July 09, 2026 at 04:18 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:6
  • Flooring:Laminate Flooring, Vinyl, W/W Carpet
  • Basement Description:Crawl Space
  • Living area:902 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Electric

Structure and exterior

  • Year built:1959
  • Building area:902 sq. ft.
  • Construction Materials:Aluminum
  • Exterior Features:Fenced Yard, Porch Screened
  • Levels:1 1/2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$179,900
  • Price per sq. ft.:$199.45
  • Tax amount:$1,555 (2025)

Features and amenities

  • Amenities:Carbon Monoxide Detector, Smoke/Fire Alarm

Parking

  • Parking description:Concrete Driveway, Two Car

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