2801 Arctic AVE Active Save Request In-Person Tour Request Virtual Tour
Atlantic City,NJ 08401
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,220 sqft
Price per Sqft $154
MLS Listing ID 2601250R
Year Built 1965
Annual Tax Amount $7,112
Tax Year 2024
Lot Size 1,306 Sqft
Acres 0.03
Lot Dimensions 61.00 x 18.10
Property Sub-Type 2 Family
Source CJMLS API
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!
Location
State NJ
County Atlantic
Community Curbs,Sidewalks
Interior
Interior Features Unit 1(Kitchen,See Remarks),Unit 2(3 Bedrooms,Kitchen,1 Bath,See Remarks),Unit 3(2 Bedrooms,Kitchen,1 Bath)
Heating Baseboard Electric,Baseboard,Radiant
Cooling Ceiling Fan(s),A/C Wall Unit(s),A/C Window Unit(s)
Appliance Water Heater(See Remarks,Gas),Water Heater
Heat Source Natural Gas
Exterior
Exterior Feature Curbs,Sidewalk
Community Features Curbs,Sidewalks
Utilities Available Electricity Connected,See Remarks
Roof Type See Remarks,Flat
Building
Lot Description Corner Lot,Level
Story 3
Sewer Sewer Charge
Water Public
Others
Senior Community no
Tax ID 1002003450000000620000
Ownership Fee Simple
Energy Description Natural Gas
Virtual Tour https://www.propertypanorama.com/instaview/msx/2601250R