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For sale
  • $1,099,000

    18 S Pennsylvania Ave, Atlantic City, NJ 08401

    7beds
    --baths
    --sqft
    : 
    Multi Family
    Built in 1930
    -- sqft lot
    $1,052,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Large ground-floor commercial spaceNine residential units
    10-unit mixed-use building located just half a block from the Hard Rock Hotel & Casino and only 1.5 blocks to the beach and the world-famous Atlantic City Boardwalk! This investment opportunity offers a current 9.75% cap rate and includes a large ground-floor commercial space, currently leased to a restaurant, with separate gas and electric meters. The building also features nine residential units, each with individual electric meters. Income and expense details are available to qualified buyers. The property is ideally situated within walking distance to major attractions including all local casinos, restaurant, hospital, marina and more. With consistent occupancy and unbeatable proximity to beaches, fishing piers, jettys, and entertainment, this building offers a strong investment to investors in the heart of Atlantic City.
    15 days
    on Zillow
    |
    275
    |
    7
    |

    Zillow last checked: 8 hours ago

    Listing updated: April 11, 2025 at 08:04am

    Listed by:

    Daniel Levy,

    REAL-GALLOWAY

    Source: SJSRMLS,MLS#: 595117MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 18 S Pennsylvania Ave.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    Heating
    • Natural Gas, Radiant
    Features
    • Has basement: No
    • Has fireplace: No

    Property

    Parking
    • Parking features: None
    Lot
    • Size: 3,600 Square Feet
    • Dimensions: 40 x 90
    Details
    • Parcel number: 5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Location
    • Region: Atlantic City

    Financial & listing details

    • Annual tax amount: $16,438
    • Date on market: 4/11/2025
    • Date available: 04/11/2025
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