Kathleen Layton

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27 N Rhode Island AveAtlantic City, NJ 08401

Multi-Family
$225,000 Active

27 N Rhode Island Ave Overview

Time on Site:
11 days
Visits:
5

Investor Opportunity & 4-Unit Multifamily Property (Sold As-Is) This is a short sale This 4-unit multifamily property has been fully gutted and is ready for your vision! The hard work has been started—now bring your plans and finish to your specifications. Perfect opportunity for an investor or contractor looking for a renovation project with great income potential. Property is being sold as-is, with the buyer responsible for all inspections, certifications, and repairs.

Listing provided courtesy of BHHS FOX and ROACH-Margate- MLS# 609037MLS Provider
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27 N Rhode Island Ave Facts & Features

  • Type Multi-Family

Details

General

Listing Information

  • Auction: No
  • Bank Owned/Foreclosure: No

Building Information

  • New Construction: No

Location/Region

  • County Or Parish: Atlantic
  • LOCATION: Boardwalk Area
  • MLS Area Major: Atlantic City

Rent/Lease Information

  • RENTAL INFORMATION: See Remarks

Tax Information

  • Tax Annual Amount: $6,334.00
  • Tax Year: 2025

General Information

  • Property Sub Type: 4 - 10 Units
  • Property Type: MULTI-FAMILY

Interior

Parking Information

  • GARAGE: None

Building Interior

  • SEPARATE METERS: Electric,Gas

General Information

  • Basement: Outside Entrance
  • Heating: Gas-Natural

Exterior

Parking Information

  • Parking Features: None

Lot Information

  • Lot Size Dimensions: 29 x107
  • Water Source: Public

Waterfront/View

  • Waterfront: No

General Information

  • Sewer: Public Sewer

27 N Rhode Island Ave Neighborhood

Community

08401 (ATLANTIC CITY) Demographics

37
Median Age
2,245
Population Density (per sq. mile)
23%
College Educated
$29,526
Estimated Median Income
4,454
Estimated Total Home Owners
11,321
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

27 N Rhode Island Ave Monthly Cost

$
$ %
%
$
$
Tom Fullen
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

27 N Rhode Island Ave Market Data

Based on the last 30 days in this zip code

$317,804
Average List Price
$260
Average Price per Square Foot
2
Properties Sold
100
Average Days on Market
58
Properties for Sale
Calculations provided by Reliance Network

27 N Rhode Island Ave History

Date Event Value Agent
6/18/2026Source: South Jersey Shore MLS Added to Database
June 18, 2026
Judi Cohen
Listing Agent
7/6/2023Source: South Jersey Shore MLS Price Increase
$74,900 20.8%
6/20/2022Source: South Jersey Shore MLS Added to Database
November 29, 2021