Mixed Use Investment Property For Sale in Atlantic City, NJ
(Real Estate Investment)
New Jersey
Listed Price: $ 799,000
Listing ID: 1557
Listing DetailsReal Estate: $ 799,000 (Included in Price)
Reason for Sale:
Partnership Split
Absentee Owner: No
LocationLease Expire: 0000-00-00
Square Footage: 5032
Type of Location: Stand Alone
Facilities:
Lot size is 32'x85'
SummaryBusiness Description:
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.