Investor Alert!! Excellent Multi Family/ Mixed Use INCOME PRODUCING Triplex building with 6 rental rooms located in the heart of Atlantic City, NJ. Building and units are well maintained by a very qualified long time owner keeping all state licenses and city inspections up to date. This building is located steps from beach/boardwalk, shopping, casinos, dining, and new Stockton University. Also, tenants have easy access to NJ Transit Bus stop and Atlantic City Jitney stop making this location ideal for transportation. Building makeup consists of 3 apartments and 6 rental rooms with long-term tenants: One 3-bedroom/ 1 bathroom unit, two 1-bedroom/ 1 bathroom units and 6 rental rooms with 2 common full bathrooms. All units are separately metered for electric. Water, sewer and gas heat paid by owner. Potential gross income of $ 63,300. Some recent improvements include new roof, new siding, and new hot water. Perfect for investment property or owner operator. Call listing agent for more information or private tour. ACT NOW, THIS OPPORTUNITY WILL NOT LAST LONG!!
Off market
$691,800
8 N Montpelier Ave, Atlantic City, NJ 08401
--beds
0baths
3,046sqft
MultiFamily
Built in 1940
-- sqft lot
$691,800 Zestimate®
$227/sqft
$2,198 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Gas
Features
- Basement: Slab
Interior area
- Total interior livable area: 3,046 sqft
Property
Parking
- Total spaces: 1
Features
- Patio & porch: Porch-Enclosed
- Exterior features: Vinyl
- Fencing: Fenced Yard
Lot
- Size: 3,066 sqft
Details
- Parcel number: 0200263000000011
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Atlantic City
Other
Other facts
- Sewer: Public Sewer
- Heating: Forced Air, Natural Gas
- GarageYN: true
- HeatingYN: true
- CoolingYN: true
- Basement: Slab
- FoundationDetails: Slab
- NumberOfUnitsTotal: 3
- Cooling: Window Unit(s), Ceiling Fan(s)
- NumberOfUnitsInCommunity: 3
- CurrentUse: Multi-Family, Rooming House
- CoveredSpaces: 1
- PossibleUse: Multi-Family
- Fencing: Fenced Yard
- ConstructionMaterials: Vinyl
- StructureType: Multi Family
- ParkingFeatures: Garage
- PatioAndPorchFeatures: Porch-Enclosed
- RoadSurfaceType: Sidewalks
- View: See Remarks
- MlsStatus: Active
- Road surface type: Sidewalks
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$691,800
2% more+$13,836
With Zillow Showcase(estimated)$705,636