Properties

Description

Prime location near famous casinos and the boardwalk, featuring a restaurant, employee apartments, and untapped potential " a Triple-Level Gem! This is a fantastic opportunity for first-time homebuyers to live on the third floor and rent out the other two levels to potentially cover the mortgage, or for investors seeking strong rental income. The ground floor houses a well-established restaurant operating for over six years, adding great value. The second floor is now vacant and offers 3 spacious bedrooms and a full bath " ideal for rental or personal use. The third floor is also vacant, boasting 2 commodious bedrooms, generous living space, and a full bath. Property is being sold strictly in "as-is" condition. Don't miss this income-generating opportunity in a high-demand area!

Features

  • Heating System : See Remarks, 3 Units
  • Cooling System : Ceiling Fan, Window A/c(s)
  • Roof Deck : Flat, See Remarks
  • Parking Description: On-Street Parking
  • Interior Features: Fire Extinguisher, See Remarks, Smoke Detector, Ti
  • Exterior Features: Curbs, Sidewalk
  • Lot Description: Corner
  • Tax Assessed Valuation: 199500
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural
  • Internet

Additional Info

  • Office Name: COLDWELL BANKER REALTY
  • Office MLS ID: 002409
  • Agent ID: 402270
  • Tax: 6886
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: NC-1

Multi-Family For Sale

For Sale
$499,000

2801 Arctic Ave, Atlantic City, *

  • SQFT 18.10 Acre
  • Bedroom 5
  • Built Year 1965

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5372991
  • Price: $499,000
  • Bedrooms: 5
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1965
  • Year Built Description: Approximate
  • Lot Area: 18.10 Acre
  • Status: Active
  • Days On Market: 36

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Atlantic
  • City Atlantic City
  • Zipcode *
  • Street: Arctic Ave
  • Street Number: 2801
  • Street Direction: Keep left on GSPkwy S, Exit 38A to Atlantic City E
  • Floor Number: 0
  • Longitude: W75° 33' 11''
  • Latitude: N39° 21' 23.1''
  • Internet Display Address: Yes
Property