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Finance & Insurance

Mixed Use Investment Property In Atlantic City

Atlantic City, NJ, USA
Updated 190 days ago

Beautiful corner property in Lower Chelsea neighborhood of Atlantic City close to Stockton University and only 1 block from the beach. Currently has two commercial storefronts that are rented and potential to convert the upper two levels into two 3 bedroom apts, each with its own fireplace and private deck. This will take some work to convert but has the potential to bring in an additional 5,000 per month in revenue. This could be a year round rental or Air BnB weekly rental with such close proximity to the beach and boardwalk.

Real Estate

Real Property Included

Premises Details

Estimated appraised value $799,000. Lot size is 32'x85'

Size In Square Feet

5,032

Reason for Selling

Partnership Split

Financials

Asking Price
$799K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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