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Property Description

Welcome to 4021 Atlantic Ave, a rare oversized triplex spanning nearly 6,900 square feet and offering three income-producing residences just one block from the ocean. The property features a 6 bed, 3 bath two-story residence with ocean views currently rented for 2,900 per month; a 5 bed, 2 bath first-floor unit rented for 2,800 per month; and a 4 bed, 2 bath upper-level unit with ocean views rented for 2,800 per month. Together, the property generates 102,000 annually in gross rental income with strong tenants already in place. With its size, location, and NC-1 zoning, 4021 Atlantic Ave presents a range of opportunities. Investors can hold it as a turnkey rental with immediate cash flow, while owner-occupants may choose to live in one residence and rent the other two units. For those looking to the future, NC-1 zoning allows for neighborhood commercial development. Situated in the historic Lower Chelsea neighborhood near Stockton University, top restaurants, the city’s casinos, and the iconic Boardwalk, this property benefits from consistent rental demand and long-term growth potential. This is a rare chance to acquire a large, income-generating property in one of Atlantic City’s most desirable locations. Schedule your private showing today. Property is being sold in “AS-IS” condition. Buyer is responsible for CO.

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Atlantic CityNew Jersey
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USA
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Atlantic City
08401
08401

4021 Atlantic Ave

Atlantic City, New Jersey, 08401, United States

15 Bedrooms
7 Bathrooms
6,856 Sqft
$1,349,000
Listing ID #1994147
Basic Details
Property Type : Residential
Listing Type : Forsale
Listing ID : 1994147
Ref ID : 4147545
Price : $1,349,000
Bedrooms : 15
Bathrooms : 7
Square Footage : 6,856 Sqft
MLS : 601462
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