Atlantic City NJ Multi Family for Sale
ADDITIONAL INFORMATION
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.
$1,500,000
925 Atlantic Atlantic City, NJ 08401
ADDITIONAL INFORMATION
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!
ADDITIONAL INFORMATION
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.
ADDITIONAL INFORMATION
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%.
$149,900
404 N Ohio Atlantic City, NJ 08401
ADDITIONAL INFORMATION
Investors come and get it! Multiunit classified as a triplex. Gutted and ready to rock and roll! All permits/inspections are responsibility of buyer.
$349,900
22 S Georgia Atlantic City, NJ 08401
ADDITIONAL INFORMATION
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.
ADDITIONAL INFORMATION
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.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1930
- Baths:
- MLS#:
- 581204
ADDITIONAL INFORMATION
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
ADDITIONAL INFORMATION
10.6% CAP RATE!! INVESTOR ALERT - Turnkey Cash Flowing Commercial Mixed Use property! Located next to the new development site of a 125,000 Square foot agricultural museum. This Mix-use property consists of approximately 4,602 sq.ft. with a store front and 2 apartments. All units have separate gas and electric. First Floor is a Commercial storefront with 2 private bathrooms. The commercial space is approximately 2,200 square feet. Apartment 1 has Three bedrooms with newly painted walls and carpet with a large private back deck. Apartment 2 is a two-level fully renovated/remodeled Two bedroom with Den/extra sleeping area. Also comes with a very large private deck off the kitchen. New Kitchen, Flooring, lighting, paint, doors, and all new trim. Located in the heart of it all!!! Close to the Atlantic City Hospital, Casinos, beach and boardwalk. Convenient location for Casino or Hospital workers!!! Annual NOI of $50,250 putting this listing at a 10.6% cap rate!! Rental Income: Storefront $2,500 or $30,000 per year with annual rent increase on a 10-year lease; Apartment One $1,650 or $19,800 per year; Apartment two $1,650 or $19,800 per year. Total annual income of $69,600. Annual Expenses: Water & Sewer $1,100.00 per year; Insurance $4,500 per year; Property Tax $8,750; Misc $5,000 per year.
ADDITIONAL INFORMATION
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.
ADDITIONAL INFORMATION
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.
- Type:
- Multi-Family
- Sq.Ft.:
- 1,543
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.02 Acres
- Year built:
- 1925
- Baths:
- 2.00
- MLS#:
- 22326211
- Subdivision:
- None
View additional info
Courtesy: Realty Executives Exceptional
973-575-6700
Alexander Malaret
ADDITIONAL INFORMATION
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!!
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Atlantic City Real Estate
The median home value in Atlantic City, NJ is $234,950. This is lower than the county median home value of $301,600. The national median home value is $338,100. The average price of homes sold in Atlantic City, NJ is $234,950. Approximately 21.78% of Atlantic City homes are owned, compared to 56.24% rented, while 21.98% are vacant. Atlantic City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Atlantic City real estate agent to arrange a tour today!
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.
Atlantic City Weather
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.