# 715 N Michigan Ave, Atlantic City, NJ 08401

> **TL;DR:** 4bd/2ba residential multi family, $229,900.
> A/C. Est. $996/mo. Listed 171 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $229,900 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 171 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $996 |
| **Total** | **$996** |

## Key Amenities

- A/C

## Description

### Agent Description
INVESTOR ALERT - 13%+ Cap Rate on this near Turn Key Money Making partially rented duplex near the corner of Magellan and N. Michigan Aves. 2nd floor has been rented via Seciton 8 for over a year now and the first floor is vacant, fixed up, and ready for a new tenant. Beautifully bold red brick exterior with white vynil wrapping around newer thermal windows. Seperate gas and electric (Paid by the tenants). Low water and sewer bill paid by the landlord. Close to AC Expressway & Route 30 (White Horse Pike) for easy access in and out of the city. Close to MLK School, the AC Convention Center and the Outlets at the Tanger Walk shopping center. Two minute car ride to the Borgata, Harrahs, & Golden Nugget hotel and casinos, the Absecon Lighthouse, and of the course the Jersey Shore Beaches and the Worlds most famous Boardwalk! Double Digit cap rates, positive cash flow, low maintenance and a booming real estate market make this an ideal purchase for the savvy buyers looking to time the market perfectly! Live in one unit and rent out the other! First time home buyers may even qualify for up to $50,000.00 in Grant Money towards this purchase! Buy it now with about 2.5 Bitcoins or ask us about Hard Money Loans & Private Financing. All standard bank loans are also acceptable as well including FHA, VA, DSCR, and Conventional financing options. Income and Expenses available to qualified buyers. Hablo Espanol.

## Location

- **Address:** 715 N Michigan Ave, Atlantic City, NJ 08401
- **County:** Atlantic
- **Coordinates:** 39.366917, -74.440583
- **Google Maps:** https://www.google.com/maps?q=39.366917,-74.440583

## Listing Agent

- **Name:** GERARD (Jerry) BARKER
- **Brokerage:** WEICHERT REALTORS ASBURY GROUP-AC
- **Phone:** 6094817745

## Primary Photo

![715 N Michigan Ave - Primary Photo](http://lh.rdcpix.com/499ed85f07e4a9183b42f15e326bfcdfl-f2329418363r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/715-n-michigan-ave-atlantic-city-nj-08401-j603069)*

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**MLS#:** 603069 | **Updated:** 2026-06-19
**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.com/listing/715-n-michigan-ave-atlantic-city-nj-08401-j603069)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "715 N Michigan Ave, Atlantic City, NJ 08401",
  "description": "INVESTOR ALERT - 13%+ Cap Rate on this near Turn Key Money Making partially rented duplex near the corner of Magellan and N. Michigan Aves. 2nd floor has been rented via Seciton 8 for over a year now and the first floor is vacant, fixed up, and ready for a new tenant. Beautifully bold red brick exterior with white vynil wrapping around newer thermal windows. Seperate gas and electric (Paid by the tenants). Low water and sewer bill paid by the landlord. Close to AC Expressway & Route 30 (White Ho",
  "url": "https://www.propertysimple.com/listing/715-n-michigan-ave-atlantic-city-nj-08401-j603069",
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  "datePosted": "2026-06-19",
  "price": 229900,
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  "numberOfBedrooms": 4,
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  "numberOfFullBathrooms": 2,
  "yearBuilt": null
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```