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.
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) 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!
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 Cityâ??s 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. Contact listing agent to arrange a walk through. No Showings until May 9, 2024 Upstairs unit is available to request showings for Saturdays and Sundays. Downstairs unit will be made available for inspection upon an accepted offer. Note that both units are the exact same floor plan.
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 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!
INVESTOR ALERT! Mixed-use duplex building. Commercial space in the front, perfect for a convenience store and/or carry-out restaurant. It has a full kitchen and 1 bathroom. And in the back or side of the unit is a RENOVATED 5 BR / 1.5 BA 2-story home for sale in the midtown section of Atlantic City. Conveniently located less than a mile away from the Casino's, Beach, Boardwalk, Tanger Outlets and the AC Expressway. Only 5 minutes from Stockton University! Property will be sold as-is and buyer to obtain all city permits after closing, including CO.
Introducing a one-of-a-kind duplex with breathtaking views of the Bay of Atlantic City Strategically nestled in a central location close to highways, beaches, and the vibrant activities on the island. This property boasts two distinct units â?? two-two bedroom apartments The second-floor unit elevates living to a new level with a charming porch, the perfect spot to unwind and soak in the panoramic bay views. The upstairs unit is occupied by tenants contributing $ $1475.00 per month Live in one and rent the other unit. Situated street to street, convenience is key with street parking available both in front and behind the property. The location is unmatched - located in close proximity to the vibrant activities that Atlantic City has to offer and also close to Ventnor & Margate.
HUGE PRICE REDUCTION! Great location, 2.5 blocks to the beach, Boardwalk, Casinos, Stockton university , transportation , next door to boom market and most of the Atlantic city attractions. This beautiful building has been renovated and fully occupied. All utilities are separated . solar panels , keep your electric & heat almost free. Good income. Cap rate 6.8%.
Great location 2 blocks to the beach. 6 Apartments and 1 commercial . Couple blocks from Stockton university and near Raleigh school. Close to all the stores, jitney and Casino. This building has it all. New roof, 1 year old. all the Electric line brand new. most of the plumbing was redone. All building was remodeled 7-8 years ago. First floor has inconvenient store. Great buy. Total income $102,000. Everything is rented needs 24 hour notice.
Investors come and get it! Multiunit classified as a triplex. Gutted and ready to rock and roll! All permits/inspections are responsibility of buyer.
Investor and extended families this one is for you! Most of the work has been completed just needs your finishing touches! The best location in the city. Close to everything! Beach, Boardwalk, Tanger Outlets, Dave & Busters, Casinos, Docks Oyster House and so much more! Live in one unit and rent the other two! This is a once in a life time home. First floor unit is commercial.(This MAY be able to be converted to residential) Second floor unit is 4 bedrooms and one full bathroom. The top floor is up to 8 bedrooms and two full bathrooms. Sold "AS-IS" Buyer responsible for all permits/inspections.
Great duplex in the nice Chelsea area, close proximity to the school ,Casinos, Shopping at the Walk, Back Bays and the Beaches. Live in one unit while you rent out the other. Both units are rented month to month lease upstairs unit features a large Living Room, Dining Room Kitchen and 4 bedrooms 1full bath an half bath. The Downstairs unit has 1 living 2 bedrooms 1 kitchen and 1 full bath. This property has many possibilities! Customize to your liking.
provide financials, receive financials upon showing...do not send clients directly owner is a licensed broker, owner may owner finance. Three 2 bedrooms at $1,300 each One 3 bedrooms at $1,600 Two salons at $1,500 each, with increases in five year lease Salons split water and sewer 1/3
INVESTOR ALERT- Turn Key Cash Flowing Commercial Mixed Use property ! 4,602.00 approx sq.ft building with a store front and 2 apartments . All units separate gas and electric . First Floor is a Commercial storefront with private bathrooms. The commercial space is approximately 2,200 square feet. Apartment 1 has Three bedrooms. Apartment 2 is renovated/remodeled Two bedroom with Den/extra sleeping area is located in the heart of it all !!! Den is located on the lower level of this two story unit . Plus very large private deck off the kitchen . New Kitchen ,Flooring ,lighting, doors plus all new trim. Freshly painted Close to the Atlantic City Hospital ,Casinos , beach and boardwalk. Convenient location for Casino or Hospital workers!!! Annual NOI of $50,250.00 cap rate of at 10% $502,500. 9% $558,333 8% $628,125 Rental income: Storefront $2,500.00 or $30,000.00 . per year , Second floor $1,650.00 or $19,800.00 per year . Third floor $1,650.00 or $19,800.00 per year . annual income of $69,600,00 .Water & Sewer $1,100.00 per year
Welcome to "Casa De Cielo", this is an incredible opportunity where you can OWN YOUR OWN HIGH-RISE, located BEACH BLOCK in the heart of Atlantic City! Unlike anything else, the Schultz-Hill Foundation Professional Arts Building offers a timeless style of architecture mixed with modern conveniences and houses a residential living area along with income producing rental office spaces. Walk into the elegant lobby to find office suites that make up the first 6 floors that can be rented out and bring in income. There are also 36 high tech security cameras that span the perimeter and inside of the building along with swipe cards to access the property. The ground floor has a 3 car garage. The 7th and 8th floors have been converted into residential living spaces including a grand staircase with an enormous window with city views, a glass dome, living room and a formal dining room complete with a 4200 strand crystal chandelier and seating for 30 people. You will also find a massive catering kitchen and wine room and private theatre along with an indoor swimming pool, sauna, massage room and gym! The penthouse includes the master bedroom and bathroom, a private living room, kitchen and breakfast nook. There are 3 high speed elevators, one for commercial use and the others are for private residential use. You will also find 4 additional suites complete with a bedroom, small private kitchen and bathroom, perfect for guests! The 9th floor rooftop was converted into a place fit for entertaining complete with an outdoor patio with seating area, a full indoor kitchen, bathroom, grill, 2 fire places, a hot tub and garden area! There is also a sundeck on top of the 9th floor living area with 360 degree views overlooking the city, ocean and beach! Words can't describe this property, you have to see it for yourself! Schedule a showing today!
Investment opportunity! Discover 507 Adriatic Ave, a valuable duplex in Atlantic City's Bungalow Park. It generates close to $2,000 monthly, fully leased, promising steady returns. The house needs TLC and if renovated can double the current income. Each unit offers two bedrooms, meeting modern living demands in a cozy setting. The sizable backyard, ideal for parking, holds potential for future enhancements. Enjoy serene views of Gardiner's Basin while being just moments from the vibrant life of the boardwalk, beaches, and casinos. Bungalow Park is on the rise, increasingly favored for investment and residential purposes. This duplex, is near dining, shopping, and cultural centers, providing all necessities within reach. Sold "as is," it's a smart buy in Atlantic City's upswing. It is ideal for investors seeking to merge lifestyle with opportunity. Inquire today to explore the possibilities at 507 Adriatic Ave.
Great investment opportunity this income generating Duplex located on a good street is just a few blocks to the beach, boardwalk ,Casinos, shopping and restaurants, also within Close proximity to Stockton University. Needs some TLC being sold as is but great value in this market.
Courtesy: Realty Executives Exceptional
973-575-6700
Alexander Malaret
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!!
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.
