227 N Congress Ave, Atlantic City, NJ 08401

High-Income, Energy-Efficient, Haven by the Beach Welcome to a unique opportunity that seamlessly combines eco-conscious living with exceptional financial returns. This solar-powered custom home, originally constructed in 2009 and recently renovated in 2022, is a testament to luxury, sustainability, and sound investment. Energy Star Certified with an incredible insulation value throughout, triple pane windows, and 50 Year Timberline shingle. Property Details: Year Built: 2009 Renovated: 2022 Sale Price: $399,900 Owner: Keith Groff Email: keg7777@yahoo.com Phone: 609-634-1789 Key Features: Solar-Powered Elegance: This property is graced with a fully paid-off solar system, complemented by a new inverter installed in 2023, translating to substantial energy savings and a greener footprint. No Gas bills or Electric Bills! Financial Potential: This home is not only a residence but also a lucrative investment. It grosses an impressive $75,000 per year, with annual operating costs totaling a mere $25,000. This translates to an exceptional net annual income of $50,000, resulting in a remarkable cap rate of 12.5%. Luxurious Living: From the Red Onyx foyer with Granite trim to the Chestnut hardwood floors and high ceilings, this home radiates luxury at every corner. Every bathroom has Marble Floors, Granite Vanity Tops, and Marble Showers. All the window sills in the home are Granite too. Gourmet Kitchen: The kitchen is a chef's paradise, boasting Quartz countertops, Marble backsplash, and top-of-the-line stainless steel appliances including a wine cooler and Ice Maker. Elegant Bathrooms: The bathrooms are a showcase of opulence, featuring Amazonian Green Marble flooring, Travertine Marble walk-in showers, and granite countertops. The one Master Bath even has a jetted tub for a spa like feel. Bedroom Comfort: Every bedroom is equipped with modern amenities, including ceiling fans, recessed lights, TV wiring, and individual HVAC units for personalized climate control, and they each have their own full bathroom. Ample Storage: The property includes a spacious garage with parking for two cars and plenty of storage room. Additionally, there's room for a third car in the driveway, making parking and storage a breeze. Outdoor Retreat: Enjoy morning coffee or a late-night cigar on the deck off the living room. The front master bedroom also boasts its own deck, perfect for private moments of relaxation and taking in the tranquil ambiance. Rooftop Escape: The rooftop deck offers panoramic views of the city skyline, sunrises, and sunsets, creating the perfect setting for gatherings and entertainment. Prime Location: Only four blocks away from the Ocean Casino, Beach, and the new indoor Island Water Park and Lucky Snake Arcade, this property perfectly blends relaxation and recreation. This property is more than a home; it's a testament to responsible and lavish living. With a remarkable cap rate, it's a solid investment opportunity that offers both a comfortable lifestyle and financial prosperity. For inquiries or to schedule a viewing, please contact the owner, Keith Groff, at keg7777@yahoo.com or call 609-634-1789. Don't miss the chance to own a piece of sustainability and success. Because the home is newer it is built to newer code so it is built high and dry. No insurance claims ever! Not even with Sandy! After sandy I simply hosed out the foyer and garage with the hose and let it dry. That was it. :)