38 N IOWA Ave

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Address: 38 N Iowa Ave, Atlantic City, NJ 08401, USA
New York & Tri-State + Apartment Buildings
Created date: August 22, 2026
Date last updated: September 29, 2026
Price: $569,000Investment Analyzer NEW!

Property Description

This is a turn key opportunity for great income. It is being offered without tenants and freshly painted. This grand old Duchess of a home sits on a beautiful wide avenue, Iowa Ave. It is just 2.5 blocks to the world famous Atlantic City Boardwalk and beach. Great restaurants, shopping and Casino action are just a short stroll away. We have given this grand old lady a total make over, you can start renting it tomorrow....All new floors, windows, and beautiful bathrooms. The kitchen features all stainless steal appliances; microwave, refrigerator, and of course a gas stove. Add in the granite counter tops for a perfect kitchen. Each of the 3 units come equipped with climate controls split heater/air-conditioners. All apartments offer 2 bedrooms, a dinning area, kitchen, upgraded shower and bathroom, and living room.

Key Property Information

Listing Status: Pending Sale
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $569,000
Opportunity Zone: No
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 38 N IOWA Ave, Lower Chelsea, NJ 08401, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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