NJ
Atlantic
Atlantic City
08401
2801 Arctic Ave
2801 Arctic Ave, Atlantic City, NJ 08401
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Listing Type
Multi Family
Listing Status
Active
22
$499,000

Home Details for 2801 Arctic Ave

Price
$499,000
Type
Residential Income
Bedrooms
5
Bathrooms
3.0
Square feet
3000
Year built
1965
Lot size acres
0.03
County
Atlantic
Total rooms
11
Garage
Days on site
175
MLS Listing#
3976547
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!

Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • Window Unit(s)
  • Heating Information
    • Electric
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Parking
    • On Street
Listing Courtesy: COLDWELL BANKER REALTY - 908-754-7511
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT PLATINUM REALTY
200 Claremont Ave, Montclair, NJ 07042
John Johnson III
Franchisee
Office
973 746 4777
Agent
908 338 0639
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