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$489,000
Est. payment /mo
2 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 601268
Bedrooms 2
Annual Tax Amount $9,607
Tax Year 2024
Property Sub-Type Triplex
Property Description
Exceptional investment opportunity just minutes from Stockton University and the vibrant energy of Atlantic City's beaches, casinos, shopping, and transit hubs. This mixed-use triplex offers immediate cash flow and future upside. Ground Floor Retail: Pizza Shop Leased for 3 years under a triple net (NNN) lease—stable income with minimal landlord expenses. Second Floor Residential: Currently rented at $1,500/month, providing consistent residential income. Third Floor Potential: Vacant unit with projected rent of $2,000/month—ideal for student housing, short-term rental, or long-term tenant. Investment upside: Fully occupied, this property could generate over $50,000 annually. Add value with cosmetic upgrades or strategic leasing. SHOWINGS TO BEGIN 10/17 Whether you're an investor seeking passive income or a buyer looking to occupy and rent, this triplex delivers flexibility, location, and long-term growth.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Location Details See Remarks
Interior
Heating Hot Water
Exterior
Exterior Feature Brick
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
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Listed by BALSLEY/LOSCO
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