2801 Arctic Avenue Atlantic City, NJ 08401

$499,000
0.03
Acres
3,220
SQFT
155
$/SQFT
$499,000
3,220   sf
$155 / sf
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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!

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!

  • Neighborhood
  • Type
  • County
    Atlantic
  • Area
    Atlantic City
  • Tax Amount
    $6,886
  • Status
    Active
  • Listing #
    NJAC2019880
  • Built
    1965
  • Lot Size
    0.03
  • Listed on site
    135 days
  • Listing Agent Id
    121609545704

Listed by:
Coldwell Banker Residential Brokerage - Warren

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • Corner Lot
  • No Builder Restrictions
  • Gas Utilities
  • Sewer

View

  • Water view
  • City view

Exterior features

  • No Pool

Interior Features

  • Carpet Floors
  • Wood Floors
  • Heat Electric
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