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