Gorgeous legal duplex in the desirable Chelsea neighborhood. Walking distance to Beach , Bay and Boardwalk. Fully rented with great rental history and income. Garden level apartment features 2 bedroom and 1 full bathroom. Main house features 5 bedrooms and 4 full bathrooms. Great income producing property. This property makes a great investment, or a lovely home for your family. Imagine the possibilities, you could rent out one apartment while enjoying the other yourself. Excellent as a full time rental or could be used as a vacation rental. Walking distance to the Tropicana, Caesars Casino Hotel. Very large back yard, space to build your oasis! Classic Atlantic City home featuring original woodwork and recent upgrades. Large, inviting front porch on lovely tree-lined street. Get in on the Atlantic City Renaissance while it is still affordable!
Experience luxury living in this almost-new construction in the coveted Lower Chelsea section of Atlantic City. A rare find, with 7 bedrooms, 5 bathrooms, and just 2 blocks to the beach, this legal duplex doubles as the ultimate family vacation retreat. The upper 2 levels (unit 1) boast 4 bedrooms, 2 with en-suite baths, including a stunning primary bedroom with a balcony. Stainless steel appliances, marble countertops, and a spacious pantry complete the modern kitchen. Enjoy the convenience of a laundry room off the kitchen, which also leads to a private rear patio. The lower level (unit 2) features 3 bedrooms, 2 baths (1 en-suite), a laundry room, and a patio with an outdoor shower. Ample driveway parking for 4 cars. All necessary permits have been finalized, allowing for immediate occupancy. This pristine property boasts a brand-new interior and exterior, with all necessary permits successfully obtained and finalized, guaranteeing immediate occupancy for its fortunate new residents. Don't miss the chance to tour this exquisite gem â beach life is calling so call now to schedule your personal viewing!
Exceptional Investment Opportunity in Atlantic City Discover a prime investment with this legal 4-unit multi-family apartment property located at 22 N. Montpelier Ave in Atlantic City. Situated in the heart of the Chelsea District, this property offers a robust occupancy rate and promising long-term appreciation, making it a perfect opportunity for savvy investors. This property boasts a 100% occupancy rate with all units currently tenant-occupied under leases. It features a total of 8 bedrooms and 4.5 bathrooms across four units, spread over a 4,098 sq. ft. building on a 2,762 sq. ft. lot. The ground floor hosts two units: Unit #1 and Unit #2, each with 1 bedroom and 1 bathroom. The second and third floors are occupied by a very large Unit #3, which includes 4 bedrooms, 1.5 bathrooms, 2 living rooms, a dining room, a large kitchen, and front and back porches. The fourth floor houses Unit #4, which has 2 bedrooms and 1 bathroom. Recent upgrades to the property include a new roof, upgraded plumbing, and updated hard-wired electric fire alarms and smoke detectors. Each unit is equipped with electric stoves and separate electric meters. The exterior of the building features stucco on the first level and vinyl siding on the upper levels. Additional amenities include a parking driveway, a backyard, a large storage area, a heat room with natural gas heating, and a wooden fire escape extending from the fourth floor to ground level. Located in a vibrant community, the property is within walking distance to Tropicana Casino, the Boardwalk, the beach, public transportation, shopping centers, fine dining, and nightlife. It is also close to major attractions such as "The Walk" (Tanger Outlets), Boom Market, Atlantic City Convention Center, and Boardwalk Hall. Educational institutions like Atlantic City High School and the brand new Stockton University Island Campus are nearby, with Sovereign Avenue School just a few houses away. The property has been inspected every five years by the State of New Jersey (DCA) and regularly by the City of Atlantic City Fire Department, ensuring it meets all safety and regulatory standards. It is approved by the Atlantic City Land Use for 4 units, with a Certificate of Land Use in place. This investment opportunity also holds potential for conversion to short-term rentals through platforms like AirBnB and VRBO, especially with the spacious Unit #3. The property is being sold "as is," representing a fantastic opportunity for investors looking to capitalize on a stable, income-generating asset in a prime Atlantic City location. Donât miss out on this unique offering!
This property consists of 4 units and 2 rooming house units, situated in a prime location near transportation in the Chelsea area. It has recently passed a 4-year state inspection and features a newer roof, making it a well-maintained investment opportunity.
Location: Situated in the desirable Chelsea area, known for its amenities and accessibility [6]. Occupancy: All 4 units are currently occupied, indicating stable rental income potential [6]. Building Condition: Recently passed state inspection and features a new roof installed last year, ensuring reduced immediate maintenance costs [6]. Investment Potential: The combination of location, occupancy rate, and recent improvements makes it a promising investment opportunity. Please call or email for further information. This will be a short Sale
Discover an exceptional investment opportunity in Atlantic City, NJ. This multifamily property features six units, perfectly combining convenience and comfort in a prime location. The five one-bedroom apartments each include a bedroom, bathroom, kitchen, and living room, while the spacious studio apartment adds versatility to the mix. Situated on a prominent corner lot, this property offers an unbeatable position in the center of Atlantic City. Perfect proximity to all amenities, including restaurants, casinos, waterfront, all within walking distance. This property is in a High Demand Area: Thanks to its central location and varied unit types, this property is set for high occupancy rates and consistent rental income.
Courtesy: Diamond Realty Associates, INC
732-548-1900
Carla Elfeld
Come view this newly renovated multi-family home in the heart of Atlantic City. Property features 5 units. Two studio units, One 2 bed- 1 bath and Two units; 1 bed-1 bath all are ready to be filled. Flooring, paint, appliances, plumbing, electrical and plumbing fixtures have all been replaced. Update kitchen cabinetry in all units too! Generate income and live on site in one of the units. This won't last long schedule your showing today!
$$$$Investor Alert, priced to sell, Duplex$$$ ****Annual rental or Air BnB**** This property is sold in As-Is Condition and will be delivered vacant.Buyer is responsible for any and all requirements for occupancy as per the city or state guidelines.
JUST RECENTLY INSPECTED FOR DCA 5 YEAR CERTIFICATE WE HAVE TRIPLEX ON A SEPARATE LOT 3-2 BEDROOM IN ONE BUILDING AND A DUPLEX 2-1 BEDROOMS IN THE OTHER BUILDING ALL UTILITIES ARE SEPARATE GAS ELCTRIC AND CABLE WATER SEWER OWNER PAYS WITH BOTH BUILDINGS BEING SEPARATE FINANCING WILL BE EASIER THE PROPERTY COME WITH 2 OTHER LOTS DID NOT LOOK INTO IF BUILDABLE
NO MORE SHOWINGS - MULTIPLE OFFERS - Well Maintained Fully Rented Beach Block Duplex in Atlantic City. Excellent Location between the Atlantic Club and the Stockton Campus. New AC in 2024/New Heater 2023 in the Upstairs Unit. Downstairs Tenant is on a Month to Month Lease. Excellent Tenants. Great Investment Property. Live in One Unit and Collect Rent on the Other.
Welcome to your dream home at 124 S Ocean Ave, Atlantic City, NJ 08401 â a remarkable rental opportunity that combines beachside living with modern luxury. This exquisite 4-story beach block home is located just one street away from the vibrant and newly revitalized South Tennessee Avenue, placing you within walking distance to some of the trendiest eateries, entertainment spots, and local attractions in Atlantic City. Legally zoned as a duplex, this property offers a unique opportunity to generate extra income. Whether you live in one unit and rent out the other or capitalize on the booming Airbnb market, the possibilities are endless. Situated just a short walk from the famous Atlantic City beach, this home provides unparalleled access to sun, sand, and surf, making it a highly desirable rental property for vacationers and long-term tenants alike Expansive Living Space: This home boasts 5 generously sized bedrooms and 3 full bathrooms, offering ample space for family, friends, and guests. The thoughtfully designed layout ensures privacy and comfort for everyone. Experience the perfect blend of historic charm and contemporary living with brand-new flooring throughout, a state-of-the-art hot water heater, and all-new, high-end appliances that cater to your every need. The property includes a dedicated laundry room for your convenience and a full basement providing abundant storage space or potential for additional living areas. Breathtaking Views: Ascend the convenient staircase to the 4th-floor deck and be captivated by the stunning panoramic views of Atlantic City and the sparkling Atlantic Ocean â an ideal spot for relaxation or entertaining guests.Dining and Entertainment: Enjoy the convenience of being close to South Tennessee Avenue's finest dining options, including trendy eateries, cafes, and bars that cater to all tastes and preferences. Benefit from nearby shopping centers, boutiques, and essential services, all within easy reach, ensuring you have everything you need at your fingertips. Excellent public transportation options make commuting and exploring Atlantic City and beyond a breeze. This property is more than just a house â it's a lifestyle. 124 S Ocean Ave offers an unparalleled combination of space, location, and modern amenities, perfect for large families, investors, or those seeking a luxurious beachside retreat. The opportunity to generate additional income through its duplex zoning adds significant value, making this an exceptional investment. Don't miss out on the chance to own a piece of Atlantic City's vibrant beach community. Schedule a viewing today and experience the unique charm and modern elegance of this remarkable home.
CALLING ALL INVESTORS!!! HERE IS A 2 FAMILY JUST BLOCKS FROM THE BEACH, PARK, AQUARIUM, RESTAURANTS AND MORE! THE WATER IS ALL AROUND READY TO ENJOY & WITH CASINOS CLOSE BY. THIS NEIGHBORHOOD IS UP AND COMING. 4 BEDROOMS AND 2 BATH TOTAL READY FOR YOUR VISION! AND NEW CONSTRUCTION ALL AROUND. DON'T MISS THIS OPPORTUNITY IN THE HEART OF ATLANTIC CITY!!
Calling all Investors! Multi-family property with 3 rented units. 3 Units already rented out. Basement unit has 3 Bedrooms 1 Full bathroom and kitchen. First floor unit has 1 bedroom 1 full bathroom and kitchen. Largest unit on the first and second floor has 4 bedrooms 1.5 bathrooms, living room, dining room, kitchen and laundry. Two permit parking spaces and 2 driveway parking spaces. One block away from the boardwalk. Book your tour today!
Welcome to this multi-family with tremendous investment opportunity located only a block from the beach! This 5-plex has separate meters and utilities, for each unit. Close to all the best attractions including Ducktown Tavern, Docks Oyster House, Tanger Outlets and many casinos with transportation nearby. This is an "as is" sale, presenting an incredible investment opportunity or to make this property your own. The property offers three spacious 2-bedroom, 1-bathroom units, one sizable 4-bedroom, 1-bathroom unit and one cozy 1-bedroom, 1-bathroom unit. 2 units are currently occupied, 3 Vacant. Buyers will be responsible for obtaining any necessary Certificates of Occupancy (COs) and any repairs needed to obtain certs. Don't miss out on this excellent investment opportunity!
For all investors 4 units apartments, well maintained, fully occupied, big yard and large deck. All separate utilities. Close to the boardwalk, shopping, and to the Stockton University. Great income! 10% cap rate.
Income producing Duplex, renovated from the drywall down to the electric, and from the kitchens and baths down to the flooring; conveniently located near Atlantic Cityâs beaches and casinos. Each unit features 3 bedrooms, 1 bath. One unit is rented for $2,175 per month and the other for $2,125 per month. Tenants are on time with the rent and would like to stay. Other options available to the savvy investor are to live in one unit and rent out the other, or to utilize as an AirBnb. Pictures are from before tenants moved in.
Price Reduction of $149,000. Now being offered at $850,000. Not gonna last long! Rare Find! 6 UNIT BUILDING (ALL OCCUPIED) **6,876 square ft.** WITH GREAT RENTAL HISTORY, CLOSE TO STOCKTON ATLANTIC CITY CAMPUS in the University District. Very close to the desired Chelsea area. Great Investment Property. 1st floor zoned "Light" Commercial referring to (Offices, free standing retail, restaurant, medical facility, etc. (Unit 1- 2Bed,1Bath) (Unit2- 3Beds, 1 and 1/2Baths) (Unit 3- 1Bed, 1Bath) (Unit 4- 3Beds, 1Bath) (Unit 5- 2Beds, 2Baths) (Unit6- 3Beds, 1Bath) Laundry Room has hook ups for 2 Washers & 2 Dryers. Being sold "As Is" condition.
5 units in AC, 100 % occupancy, close to school, casino, and transportation.
Atlantic City 6 unit money maker consisting of an ultra luxurious 2 bedroom that is currently rented via AirBNB and netted $30,000 in less than a full year of operations! With the 5 star reviews, we anticipate revenue to increase every year...OR use this swanky pad as an owners unit or vacation getaway! Of the remaining units, 3 have been recently renovated, and 2 are clean and solid but can be renovated to increase rents! ALL of the units are under market rents, making this an amazing VALUE ADD investment! Perfect Chelsea Heights Atlantic City location, under 2 blocks to the Beach at Bartram's Garden with a gorgeous grass area and restrooms...A few blocks to the bay, a short walk to Stockton College, the renowned Knife and Fork Inn and Restaurant, and a quick shot to everything that Atlantic City, Ventnor, Margate and Longport have to offer! Snatch this one up before someone else does!
Huge Legal duplex in south side of AC. 1st floor 2 bedrooms 1 bath. 2nd & 3rd floor 5 bedrooms and 5 full baths. Property is in great condition ! Large balcony on the 3rd floor overview the AC skyline, large parking lot on the side with one car garage. All utilities are separated. Great for investment or owner occupy , must see !
Investors, take note of this opportunity in Venice Park Atlantic City! This legal duplex is a great investment option for those looking to rent out on Airbnb or through annual rental agreements. Unit 2 Upstairs has two bedrooms on the main floor and one bedroom or loft on the 3rd floor. The kitchen and bathroom have been fully renovated, and the house is currently undergoing further renovations. There is a new front porch, a deck in the back of the house, and a new terrace/porch on the 3rd floor. Additionally, there are new HVAC, gas stove, and refrigerator units. Ground-level Unit 1 is framed out for a two-bedroom apartment with a kitchen and 1 bath and needs partial renovations throughout. The buyer is responsible for all certifications, inspections, and CO. This property is easy to show, and there's a lockbox on the front door of Unit 1. Please call showing time to schedule a viewing.
Mixed-Use property fully occupied. If you are looking to get a piece of Atlantic City with a low costs investment this is the property for you. This property is equipped with a fully functional convenience store occupied by a long-term tenant, a spacious two bedroom/ 1bath rancher with a spacious yard ideal for an owner occupant and/or a savvy investor, and low taxes. Call today for details. All showings must be accompanied by a licensed real estate agent.
Here is a great opportunity to own a renovated multi-dwelling in an amazing location in Atlantic City. The property has a commercial space on the ground level and one rented studio apartment with a reliable tenant who pays $1150 per month. Additionally, the 2nd and 3rd floors have two fully renovated apartments with brand new bathrooms, kitchens, and appliances. The 2nd-floor unit is currently rented for $1650 per month, while the 3rd-floor unit is rented for $1500, a month-to-month lease, and available for showing with an appointment. The location is superb, with easy access to dining, shopping, and cultural centers, providing all necessary amenities within reach. It's just a block away from the famous casinos and beaches of Atlantic City. The whole building has views of the Absecon Lighthouse, the Ocean Casino, Hardrock, And Showboat, with a new Waterpark.
Approved Green Zone! 1 Block to new Indoor Island Waterpark! Massive building with limitless potential, Super LOW Taxes! Located in the CBD zone, in the very heart of the city! Just one block to the Hardrock, Steel Pier, Ocean Casino, Resorsts, Margaritaville, and Showboat Casinos, and just 2 blocks to the worlds most famous beach and boardwalk! Close to Tanger Outlets, Gardners Basin, Borgate, Harrahs, Golden Nugget, Little Water Distillery, Back Bay Alehouse, The Seed Brewery, & Farley Marina. Building features two commercial spaces each of which are over 3000 square feet, over 6000 sqft combined. The top two floors are framed up to fit 8 three bedrooms and 4 one bedroom residential units. All the heavy lifting has been done, the property has been fully gutted done to the brickwork, all asbestos removed, the building is structurally sound, all new windows throughout, all new flooring joists, all floors are level, and all framed up for 12 residential units. Pro-forma and floor plans are available upon request. Purchase this property with your Crypto Currency!! Showings can be on Thursday afternoons only. Buy now with a few Bitcoins!
Welcome to beachfront living at Residences at Raleigh in Atlantic Cityâs historic Chelsea neighborhood! Residences at Raleigh is a collection of (3) luxurious apartments steps from the Atlantic City Boardwalk in the cityâs most sought after neighborhood. This spacious 3-family building is comprised of (3) separate oversized, 1,550 SF apartments, features (12) separate bedrooms and (6) bathrooms -- each apartment is 4BR/2BA. The designer kitchen features quartz countertops, stainless steel appliances and a center island. The living room is open concept with plenty of light from the windows with an OCEAN VIEW! The bathrooms are fully renovated and feature an oversized walk in shower OR a shower/tub combo and vanity. Each apartment has its own laundry and HVAC. The property has also been a highly lucrative STR/Airbnb. If you are looking for an enormous, modern, central house with its own unique designer style only minutes from Atlantic Cityâs best casinos, restaurants and white sandy beaches â look no further! Call today to schedule a showing!
All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Monmouth County MLS
Atlantic City is located in New Jersey. Atlantic City, New Jersey has a population of 39,075. Atlantic City is less family-centric than the surrounding county with 21.04% of the households containing married families with children. The county average for households married with children is 27.39%.
The median household income in Atlantic City, New Jersey is $26,006. The median household income for the surrounding county is $57,514 compared to the national median of $57,652. The median age of people living in Atlantic City is 35.7 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 29.2 degrees. The average rainfall is approximately 43.7 inches per year, with 16.5 inches of snow per year.
