# 1141 N Michigan, Atlantic City, NJ 08401

> **TL;DR:** 3bd/1ba single family, $179,900, built 1959.
> A/C. Est. $962/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $179,900 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Year Built | 1959 |
| Stories | 2 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $910 |
| Estimated Insurance | $52 |
| **Total** | **$962** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1959
- 2 stories

## Description

### Agent Description
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 plug-and-play addition for cash buyers, portfolio builders, or 1031 exchange investors looking for Day 1 income. Built-in Upside: Current rent is well below market. Average local rents are approximately $2,200-$2,500/month, giving the next owner meaningful room to increase rents over time.

## Location

- **Address:** 1141 N Michigan, Atlantic City, NJ 08401
- **County:** Atlantic
- **Coordinates:** 39.370412, -74.442966
- **Google Maps:** https://www.google.com/maps?q=39.370412,-74.442966

## Listing Agent

- **Name:** QIZHAN (JACK) YAO
- **Brokerage:** REALMART REALTY
- **Phone:** (732) 727-2285

## Primary Photo

![1141 N Michigan - Primary Photo](http://lh.rdcpix.com/3540e876e845909af7651a07f5a537del-f2938134619r.jpg)

*6 total photos available on [listing page](https://www.propertysimple.ai/listing/1141-n-michigan-atlantic-city-nj-08401-j609558)*

---

**MLS#:** 609558 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1141-n-michigan-atlantic-city-nj-08401-j609558)

---

## Structured Data

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  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "1141 N Michigan, Atlantic City, NJ 08401",
  "description": "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",
  "url": "https://www.propertysimple.ai/listing/1141-n-michigan-atlantic-city-nj-08401-j609558",
  "image": "http://lh.rdcpix.com/3540e876e845909af7651a07f5a537del-f2938134619r.jpg",
  "datePosted": "2026-07-31",
  "price": 179900,
  "priceCurrency": "USD",
  "address": {
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    "streetAddress": "1141 N Michigan",
    "addressLocality": "Atlantic City",
    "addressRegion": "NJ",
    "postalCode": "08401",
    "addressCountry": "US"
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    "latitude": 39.370412,
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  "numberOfBedrooms": 3,
  "numberOfBathroomsTotal": 1,
  "numberOfFullBathrooms": 1,
  "yearBuilt": 1959
}
```