Sold

3201 Atlantic Ave

Atlantic City NJ, 08401

$1,487,500


Sold

Commercial

One if a kind investment opportunity. Two commercial units on the ground floor and ten residential apartments on the second and third floor. This property is in a prime location on the corner of Atlantic Ave and N Montpelier Ave, 2 blocks away from the boardwalk and in the University District of Atlantic City close to Stockton University. This building is 100% occupied for both the commercial units and the residential units. There are two 2 bedroom units, six one bedroom units, and 2 studios, each residential unit has one full bathroom. The commercial unit in the front of the building has seven rooms that includes a large conference room, half bathroom, open waiting area, break area/ kitchen, and three offices. The second commercial unit is being leased by a doctor's office and consists of a lovely waiting area, four incredible examination rooms and a spaciest half bathroom. This property comes with lot 14, 2 N Montpelier Ave, directly behind this building which is now a parking lot for the commercial tenants.

555922

MLS ID

September 24, 2021

Listed

February 11, 2024

Updated

Map

3201 Atlantic Ave
Atlantic City NJ, 08401

Interior Features

Total Stories

3


Interior Features

Elevator Pass, Fire Sprinkler System, Security System, Smoke/Fire Alarm


Fireplace

No


Cooling

Yes


Cooling Description

Central


Heating

No

Exterior/Building Features

Sewer

Public Sewer

Other Property Details

Area Name

Atlantic City


Taxes

$22,200


Tax Frequency

Annually


Garage

No


Parking

6 to 10 Spaces, Off Street, Paved


View

No


County

Atlantic


Water Source

Public


Pool

No

Listed by with FARLEY and FERRY REALTY, INC
Listing Contact:  

The IDX display contains information sourced from the South Jersey Shore Regional MLS as of 2/11/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 South Jersey Shore Regional MLS all rights reserved.

Data last updated on 2/11/2024 at 4:46 PM UTC

 

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