2801 Arctic Ave Active Save Request In-Person Tour Request Virtual Tour
Atlantic City,NJ 08401
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,220 sqft
Price per Sqft $154
MLS Listing ID 3976547
Style 3-Three Story, See Remarks
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1965
Annual Tax Amount $6,886
Tax Year 2024
Lot Size 1,306 Sqft
Property 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!
Location
State NJ
County Atlantic
Zoning NC-1
Interior
Heating Electric, Gas-Natural
Cooling Ceiling Fan, Window A/C(s)
Exterior
Exterior Feature ConcBrd,SeeRem
Parking Features On-Street Parking
Utilities Available Electric, Gas-Natural
Roof Type Flat, See Remarks
Building
Lot Description Corner
Sewer Public Sewer
Water Public Water