WELL MAINTAINED, LARGE DUPLEX IN CHELSEA HEIGHTS, FULLY OCCUPIED WITH GREAT TENANTS. PERFECT PASSIVE INCOME PROPERTY OR LIVE IN ONE AND RENT THE OTHER OUT. CLOSE TO TRANSPORTATION, SHOPPING, BEACH & CASINOS. WITH $3164 MONTHLY INCOME, 20% DOWN @ 8% INTEREST, PLUS TAXES & INSURANCE, BRINGS TOTAL PAYMENT OF $2179 PER MONTH. THAT YIELDS A POTENTIAL ESTIMATED MONTHLY PROFIT OF $985 PER MONTH! BUY BOTH SIDES AND THAT CAN BE DOUBLE!! OR DO YOU WORK IN AC?...WHY NOT LIVE IN AC CLOSE TO WORK, AND CUT THE CAR PAYMENT OUT AND HAVE ONE UNITS RENT SUBSIDIZE YOUR MORTGAGE. COOPERATIVE TENANTS,SO ITS FAIRLY EASY TO SHOW AND READY TO GO!!
WELL MAINTAINED, LARGE DUPLEX IN CHELSEA HEIGHTS, FULLY OCCUPIED WITH GREAT TENANTS. PERFECT PASSIVE INCOME PROPERTY OR LIVE IN ONE AND RENT THE OTHER OUT. CLOSE TO TRANSPORTATION, SHOPPING, BEACH & CASINOS. WITH $3164 MONTHLY INCOME, 20% DOWN @ 8% INTEREST, PLUS TAXES & INSURANCE, BRINGS TOTAL PAYMENT OF $2179 PER MONTH. THAT YIELDS A POTENTIAL ESTIMATED MONTHLY PROFIT OF $985 PER MONTH! BUY BOTH SIDES AND THAT CAN BE DOUBLE!! OR DO YOU WORK IN AC?...WHY NOT LIVE IN AC CLOSE TO WORK, AND CUT THE CAR PAYMENT OUT AND HAVE ONE UNITS RENT SUBSIDIZE YOUR MORTGAGE. COOPERATIVE TENANTS,SO ITS FAIRLY EASY TO SHOW AND READY TO GO!!
This mixed-use building features an immaculate 3 story, 2 1/2 bath apartment and a 1st floor office. The apartment is in pristine condition and is accented with beautiful hardwood floors, recessed lighting, crown molding, and stack stone treatment. As you enter the home you will find 2 sizable guest bedrooms a full bath and open dining area. The dining area flows right into the impeccable eat in chefs kitchen with granite counter tops and ample counter space a Viking stove/oven with professional hood and wet bar. Off the kitchen is a spacious living room, 1/2 bath and sliding doors out to the 1st deck. The private deck is a perfect place for entertaining and enjoying sky views. The 3rd floor features and expansive master bedroom with a huge deck plus 2 bedrooms, custom walk in closet, spacious bathroom and walk in shower with rain shower head and laundry room. First floor office has a two 1/2 baths, employee kitchen and 2 offices. Exterior highlights include professional landscaped court yard and garden. This unique property is a must see. Just a few blocks from Tanger Outlets and all the action of Atlantic City. Beautiful beaches, boardwalk and casinos. All kinds of possibilities with this one of a kind property. Huge potential for rental income. Truly is one of the nicest properties in Atlantic City. Building comes with addition lot to right. There are also 2 other lots ajacent to this listing available for sale.
Great Investment Opportunity in Chelsea Heights, Atlantic City. The property features two units, separate electric, offering great potential for both owner-occupants and investors. The upper unit is a spacious 3-bedroom, 1-bathroom, two-story House, while the ground-level unit is a cozy 1-bedroom, 1-bathroom apartment. Both units have been freshly painted, and the kitchens has new cabinets and countertops, with minor updates throughout, making this property move-in ready. Chelsea Heights is a sought-after area due to its convenient location near the AC Expressway, local shopping, dining, bars, and other attractions in nearby Ventnor. Plus, the beach and boardwalk are just a short distance away, offering endless opportunities to enjoy all that the island has to offer. Both units are currently vacant, making this the perfect opportunity for an investor or owner-occupant. Live in one unit and rent out the other to help with the mortgage aka house-hack, or rent out both for maximum income potential. This property offers endless possibilities and is a must-see!
Investors take note of this opportunity in Venice Park, Atlantic City! This legal duplex represents a fantastic investment option for rental income, whether through Airbnb or annual rental agreements. Unit 2, located upstairs, features two bedrooms on the main floor and either one bedroom or a loft on the third floor. Both the kitchen and bathroom have been renovated, and the house is undergoing additional renovations. There is a new front porch, a deck at the back of the house, and a new terrace/porch on the third floor. Additionally, the HVAC system is just one year old, and there are newer kitchen appliances. Ground-level Unit 1 is framed for a two-bedroom apartment, which includes a kitchen and one bathroom. Renovations are needed throughout this unit. The buyer is responsible for all certifications, inspections, and the Certificate of Occupancy. This property is easy to show, with a lockbox on the front door of Unit 2. Please call showing time to schedule a viewing.
It is an honor to announce a mixed used building in Atlantic City, New Jersey just post to market, which is located in a busy shopping center, adjacent to casinos and commercial buildings. The land area is 4238 sq ft, and the buildingâ??s area is 8942 sq ft. It contains a total of 7 units, two retail stores on the ground floor, the leases will end in 2029 and 2031, 3% rent increase per year, tenants pay 1/7 of the water bill each; 5 residential units sign lease annually, Apt#1,Apt#2 on the 2nd floor, Apt#3, Apt#4 on 3Rd floor, all of them are 3 beds and 2 bath on each, Apt#5 is 1bed and1 bath on the rear of 1st floor. hot water and heating have been separated, tenants pay for their own utilities. the gross income is $129,660, expenses is about $32,000. The building is well maintenance, easy handling with stable growth income, 8.5% cap rate. it is a great opportunity for investors, the motivated seller is ready to hear all offers.
Welcome to your gateway to Atlantic City! This 5-bed/3-bath 2-Family home is the perfect opportunity for an investor or owner occupant looking for a piece of the revitalization in Atlantic City. The property is located along Atlantic City's Orange Loop and steps from the world famous Atlantic City Boardwalk and beach. Unit 1 features a newly renovated 1-bed/1-bath apartment and unit 2 offers a spacious 4-bed/2-bath across two levels. Upon entering this 2nd and 3rd floor apartment, you are greeted by the updated kitchen adorned with white shaker style cabinets and butcher block countertops. Upstairs, you'll find (3) additional bedrooms, a second bathroom with another walk-in shower. The living room and spacious master bedroom on the top floor feature bay windows, offering an abundance of natural light and a glimpse of the Atlantic Ocean. Whether it's the beach, casinos, live entertainment, bars, or restaurants you're seeking, 135.5 S Ocean Ave is steps away from it all. Reach out and schedule a tour today!
RARE OPPORTUNITY come own this unique waterfront home!! This property includes 50 ft riparian rights on the Delta Basin, total of 5 deep-water boat slips, two 40ft & three 28ft floating docks, which can be rented. LOCATION LOCATION a short drive from Gardeners Basin, the Casinos, Beaches & Boardwalk. Main house 3 bedrooms & 3 baths, includes 2 suite bathrooms on the 2nd & 3rd flr. Additional 1 bedroom in-law suite on the top floor with full kitchen, bathroom & laundry. Breathtaking waterfront views from the many balconies. Large windows capturing the scenic skyline. Also a full bath on main level for boaters access to storage/garage, Upgrades include a new roof, boiler, & HVAC. Sold as-is, furnished or unfurnished short term rental potential! This home is a rare find, Come see today!
Investor Alert!!! This multi-family property boasts 24 rooms, including 7 bedrooms, 3 full bathrooms, and 1 half bathroom, making it ideal for diverse living arrangements. Featuring 3 fully equipped kitchens and ample storage space, the property is both practical and versatile. Located on a 3,875-square-foot lot, it stretches between North Tennessee Avenue and North Ocean Avenue, offering convenient dual access. Situated less than a mile from the Atlantic Ocean, residents can enjoy the benefits of coastal living with easy beach access. This property offers incredible potential for rental income, in a spacious multi-family complex perfect for generating cash flow.
Welcome to beachfront living at Residences at Raleigh in Atlantic Cityâ??s historic Chelsea neighborhood! Residences at Raleigh is a collection of (3) luxurious apartments steps from the Atlantic City Boardwalk in the cityâ??s 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 Cityâ??s best casinos, restaurants and white sandy beaches â?? look no further! Call today to schedule a showing!
Center City This Duplex feature 4 large Bedrooms, 2 full Baths, hard wood floors, LARGE deck on the second Floor currently Owner occupies ready to move in, and a 1 Bedroom,1 Bath unit on the First Floor Rented for $1,000 a month. The property is being sold as-is wont last very long MUST SEE!
Southside Legal Duplex in Lower Chelsea! This 1,900 sq/ft Duplex has been wonderfully maintained over the years. Basement-level 2 bedroom, 1 bath apartment has been recently renovated with new carpeting, paint, and appliances. Upstairs 'main level' unit features 6 bedrooms and 2 full baths. Spacious and open (big bedrooms!), and well maintained. Just 1.5 blocks to the famous Atlantic City beaches and boardwalk, and located in the awesome Lower Chelsea section of Atlantic City. Possibilities include renting both units out, live in one unit and rent the other, AirBnb, or use as Single Family home. Call today for more info.
The money maker! This recently renovated duplec features a two story 4bdrom unit and a ground floor 3bdrm unit. Upstairs currently has tenants in place, and the ground floor is currently vacant, newly renovated, CO ready, no stairs and no carpet, has tiled flooring throughout the whole unit. Freshly painted and newer kitchen cabinets, counters, and applicances. Plenty of parking along the side of the property as well as street parking. Tenants only pay Electric! Both units are Section 8 approved, even the three bedroom is large enough for a family of 8!! At this price along with the new rents for 2025, this property is being sold a 15-18% Cap Rate!!! Unheard of gains for a duplex!!! Super low taxes, low maintanace property! Income and Expenses are available up request to qualified buyers. This property sits on a large L shaped lot that may be subdividable, a Survey is also available upon request to qualified buyers. The property also has its Lead Free Cretificate issued by the State allready in place. This is a legal duplex, and approved Land Uses are allready in place with the City. There should be no issues at all with this property, this is basically a turn key investment for beginners and experienced landlords alike!!
We are thrilled to present a remarkable new investment opportunity that has just hit the market! Located at 619 N Trenton in the vibrant Atlantic Cit, this charming duplex features two spacious 2 bedroom units, each with 1 bathroom. ! Imagine the delightful bay breezes that can be enjoyed from the large porches attached to both units, creating an inviting atmosphere perfect for relaxation and unwinding after a long day. The second-floor unit boasts stunning bay views, providing a picturesque backdrop that enhances the living experience. This property is not just a place to live; it represents a golden opportunity for savvy investors looking to tap into the thriving real estate market of Atlantic City. With its prime location and appealing features, this duplex has 1 unit rented and the other is poised to attract tenants and generate impressive returns. Dont miss out on the chance to make this fantastic investment a part of your portfolio
We are thrilled to present a remarkable new investment opportunity that has just hit the market! Located at 619 N Trenton in the vibrant Atlantic Cit, this charming duplex features two spacious 2 bedroom units, each with 1 bathroom. ! Imagine the delightful bay breezes that can be enjoyed from the large porches attached to both units, creating an inviting atmosphere perfect for relaxation and unwinding after a long day. The second-floor unit boasts stunning bay views, providing a picturesque backdrop that enhances the living experience. This property is not just a place to live; it represents a golden opportunity for savvy investors looking to tap into the thriving real estate market of Atlantic City. With its prime location and appealing features, this duplex has 1 unit rented and the other is poised to attract tenants and generate impressive returns. Dont miss out on the chance to make this fantastic investment a part of your portfolio ps...included in this price the large adjacent lot!
Presenting a unique NEW CONSTRUCTION opportunity in Atlantic City. This gem features an impeccable duplex property located at 21 N Sovereign Ave. in AC, on an oversized lot of 28X100. Imagine living in your own brand new, never before lived-in home for 599K!! Live, invest, spend your summers, weekends or retire without breaking the bank. There are so many ways to enjoy and monetize this property. Live in one unit and rent the other. Condo conversion. Rent both units. Airbnb. 2-family living. The possibilities are endless. Each unit features 3 bedrooms (1 en-suite) 2 full baths with a spacious format of 1140 ft.² ( that's 2280 ft.² total) of air conditioned space. Rounded out with a front deck, off-street parking and an oversized backyard. Centrally located and within walking distance to the boardwalk, beach, bay, Boardwalk Hall, Tropicana Casino, The Walk Outlets, and iconic dining like Café 2825, Angelo's, White House, Doc's and the Knife and Fork. This is Atlantic City living at its finest. Some of the new features include but are not limited to: Luxury vinyl flooring throughout, granite countertops, exterior vinyl fencing, tankless hot water heater, central air conditioning, irrigation system, 6 foot crawl space for plenty of storage, natural gas, garbage disposal, front deck, stainless appliances, washer/dryer, outdoor shower and 2 car off street parking. Atlantic City is one of the best beach towns in the United States to buy a home for the second year in a row, a study from Realtor.com finds. There's also a five year tax abatement for new construction. Be sure to inquire about the special financial programs Atlantic City is offering. Estimated completion date is first quarter 2025.
Opportunity Abounds!! (1) two BR Apartment, (1) One BR Apt, (9) Garages & 60' x 100' Riparian Grant directly across the street. Zoned Marine Commercial Redevelopment Zone. Up-grade existing property, tear down and build your dream house or go commercial. Possibilities are endless. Call LB for additional details.
OWNER SAYS SELL NOW!!! LEGAL TRIPLEX IN A FABULOUS LOCATION!!! WONDERFUL TENANTS MAKE THIS A SURE BET FOR INVESTMENT OR THE OWNER CAN OCCUPY ONE OF THESE GREAT 2 BEDROOM UNITS EACH FLOOR. property in good condition and all up to code. Easy to show with notice. Owner pays heat. CALL NOW!
Courtesy: HYVEST REALTY
732-908-7223
Fully renovated, turn key 3 unit rental. Great location investment property for investors and/or first time buyers opportunity. Has a detached garage and its own gated driveway. Unfinished basement, new mechanicals, and appliances. Property just completed renovation August 2024. Close to Tropicana and other casino hotels. Easy access to highways. Currently vacant and ready to rent out.
3 stories Duplex, close to shopping, restaurants, and transportation 1st floor 4 bedrooms 1 living an dining 1 full bathroom an kitchen. 2nd floor 2bed room 1 living 1 full bathroom and eat in kitchen. Property is in good conditions, sales " As Is " condition Come and see this today wont last long
Rehab GRANT money may be available through NJEDA! BEACH BLOCK - TENNESSEE AVE - in the heart of the ORANGE LOOP PROJECT and located within the NJ Opportunity Zone and the Atlantic City Tourism District!! Zoned RS-C. This is a perfect project for up and coming investors. Located between the Beer hall and the beach and boardwalk with great potential. First floor needs to be converted to commercial space, parking or storage, second floor 2bdrm apartment can stay, the top two floors would need to be converted to 1 or 2 more residential apartments, or convert all three upper floors into one large luxury home. Location has major Air bnb potential in the up and coming nightlife block in AC. Could also be torn down to a lot and used for your own vision. As-is Sale ONLY, Bldg is entirely vacant. Buy now with a few Bitcoins. No more showings, building has been completly secured and boarded up.
This is a great location. This has many possible uses for a serious investor who is experienced with boarding house and wants a rehabbed property, with a 2/1 apartment on the first floor, 7 rooms plus a bathroom and shower on second floor and 4 rooms plus a bathroom and shower on the third floor. Plenty of options.
CASH FLOWING 5-UNIT APARTMENT BUILDING only a couple of blocks from the Beach on the Ventnor side of Atlantic City! Instant cash flow in a great area of the City where your occupancy rate will be incredibly high with the proximity to the water and other amenities. All CCOs & 5 year state inspection are in hand. Owner recently made major updates to the property and increased rents to market rent, making this a turnkey opportunity for your portfolio. The 2 units in the photos were empty at the time photos were taken, but will be filled prior to settlement. The other 3 units are currently filled and are of similar condition. The pro forma rent roll is $103,200.00 annually in gross rent revenue, $8,600.00 per month. Tenants pay their own electric. Owner pays Insurance, Taxes, Water/Sewer, and Gas. Pro Forma NOI comes to $76,333.00, making the pro forma Cap Rate 8.98% at the listing price, phenomenal for a property this close to the ocean! This property's appreciation value proposition is immense due to its proximity to Ventnor Beach, Stockton University, and Richmond Avenue School in AC. Enjoy the prospect of cash flow on day 1, high occupancy rates, and appreciation potential that this property offers.
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 Offices and Professional Uses. (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) This unit is presently vacant and is being updated. Laundry Room has hook ups for 2 Washers & 2 Dryers. Being sold "As Is" condition.
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.
Atlantic City is located in New Jersey. Atlantic City, New Jersey has a population of 38,481. Atlantic City is less family-centric than the surrounding county with 21.75% of the households containing married families with children. The county average for households married with children is 26.78%.
The median household income in Atlantic City, New Jersey is $29,773. The median household income for the surrounding county is $66,473 compared to the national median of $69,021. The median age of people living in Atlantic City is 37.6 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 26.8 degrees. The average rainfall is approximately 40.4 inches per year, with 13.1 inches of snow per year.
