1. New Jersey
  2. Atlantic City
  3. 2801 ARCTIC AVE
$499,000

2801 ARCTIC AVE, Atlantic City, NJ 08401

  • 3,220 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $155/sqft
  • Property List Date Icon Listed 1 month ago

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!

Listing Status:
Active
Listing Office:
Coldwell Banker Residential Brokerage - Warren : 9087547511
Listing Agent:
Ann D. Atherton : 9087547511
MLS ID:
NJAC2019880
  • General: Bathroom - Stall ShowerCeiling Fan(s)Combination Dining/LivingCombination Kitchen/DiningOther
  • Flooring: HardwoodCarpetLaminatedTile brick
  • A/C: Ceiling Fan(s)Window Unit(s)
  • Heating: Baseboard - ElectricNatural Gas AvailableElectric
  • Disability Feature: None

This listing courtesy of Ann D. Atherton, Coldwell Banker Residential Brokerage - Warren

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Brighton Avenue School

30 N Brighton Ave, Atlantic City, NJ, 08401

Grades PK-5

0.10 miles away

T

Texas Avenue School

2523 Arctic Ave, Atlantic City, NJ, 08401

Grades KG-8

0.19 miles away

A

Atlantic City High School

1400 N Albany Ave, Atlantic City, NJ, 08401

Grades 9-12

1.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.