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
Atlantic City, NJ 08401,2801 Arctic AVE
Atlantic City, NJ 08401,2801 Arctic AVE
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$ 499,000
Est. payment | /mo

3,220 SqFt


$ 499,000
Est. payment | /mo

3,220 SqFt

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

Central Jersey MLS (CJMLS)
Listed by COLDWELL BANKER REALTY
agent
Steven Betancurth

CEO | License ID: 1539846

+1(201) 834-7475 | steven@bregroupnj.com

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2801 Arctic AVE