Atlantic City, NJ 08401,2801 Arctic Ave
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Atlantic City, NJ 08401,2801 Arctic Ave
Atlantic City, NJ 08401,2801 Arctic Ave
Atlantic City, NJ 08401,2801 Arctic Ave
Atlantic City, NJ 08401,2801 Arctic Ave
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$ 499,000
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2801 Arctic Ave Atlantic City, NJ 08401

5 Beds

2.5 Baths

3,220 SqFt


UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,220 sqft

Price per Sqft $154

MLS Listing ID 3976547

Style 3-Three Story, See Remarks

Bedrooms 5

Full Baths 2

Half Baths 1

Year Built 1965

Annual Tax Amount $6,886

Tax Year 2024

Lot Size 1,306 Sqft

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

Zoning NC-1

Interior

Interior Features Fire Extinguisher, See Remarks, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors

Heating Electric, Gas-Natural

Cooling Ceiling Fan, Window A/C(s)

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature ConcBrd, SeeRem

Parking Features On-Street Parking

Utilities Available Electric, Gas-Natural

Roof Type Flat, See Remarks

Building

Lot Description Corner

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story, See Remarks

Others

Senior Community No


Garden State MLS(GSMLS)
Listed by COLDWELL BANKER REALTY
agent

Christopher Greco

Broker Associate | License ID: 0680437

+1(973) 406-4603

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2801 Arctic Ave