117 Seaside Ave, Atlantic City, NJ 08407 (Off Market)

For Sale, USD 650,000


117 Seaside Ave, Atlantic City, NJ, 08407,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : N/A

Land Size : N/A

Bedroom : 5

Bathroom : 3

Half Bathroom : 0

MLS#: 260005688


Property Description

117 Seaside Ave, Atlantic City, NJ – Turnkey 2-Family w/ Strong STR Income Prime investment opportunity in a high-demand location between Pacific and Oriental Avenues, this fully licensed, excellent-condition 2-unit property offers multiple income strategies and strong upside. The first-floor unit currently generates $1,600/month ($19,200 annually) with the option to convert to a short-term rental projected to produce approximately $30,000–$38,000 annually based on seasonal performance and occupancy, while the upper 4-bedroom duplex is a proven high-performing STR generating approximately $75,800 annually. Combined, the property produces roughly $95,000/year in its current configuration, with projected gross income increasing to approximately $105,000–$113,000+ with full STR optimization. Featuring a durable brick-and-block exterior, hardwood and tile finishes, radiator heat, and a walk-out basement for storage, this asset is built for longevity and performance, making it ideal for investors seeking immediate cash flow and short-term rental upside or an owner-occupant looking to significantly offset living expenses in a rapidly growing Atlantic City market.
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117 Seaside Ave, Atlantic City, NJ 08407, United States,New Jersey,Atlantic City is a Atlantic City luxury Multi-Family Home listed for sale USD 650,000. This high end Atlantic City Multi-Family Home is comprised of 5 bedrooms and 3 baths. Find more luxury properties in Atlantic City or search for luxury properties for sale in Atlantic City.