NJ > Atlantic City
Atlantic City, NJ 08401,220 Seaside Ave Ave
Atlantic City, NJ 08401,220 Seaside Ave Ave
Atlantic City, NJ 08401,220 Seaside Ave Ave
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Steven Pagan

Steven Pagan

+1(609) 631-5668
$574,900
Est. payment /mo
3 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 596716

Full Baths 3

Annual Tax Amount $5,696

Tax Year 2024

Property Sub-Type Duplex

Property Description

Listing Alert: This property presents a unique opportunity to own a beautiful duplex in a prime beach block location. You can either build a trophy development with stunning panoramic waterfront views or keep the existing property and upgrade it for a phenomenal income through Airbnb rentals. This property is legally zoned as a duplex, providing the opportunity to generate extra income. You can live in one unit and rent out the other or take advantage of the booming Airbnb market. Located just a short walk from the famous Atlantic City beach, this home is an ideal rental property for both vacationers and long-term tenants. The property features five generously sized bedrooms and two bathrooms in the upstairs unit, which is rented for a yearly lease of $2,850 per month. Additionally, the ground-level unit features one bedroom and one bathroom, and is rented for $1,200 per month on a one-year lease. The LH-2 Zoning District permits multi-family, low-rise, and mid-rise residential buildings, as well as opportunities for restaurants, bars, non-casino hotels, townhouses, and other uses. This is truly a unique opportunity that may be hard to come by again. The same owner is willing to sell 218 Seaside Ave, a vacant lot of 2590 sq. ft. for $145,000, with the possibility for parking use for the house or incorporation into a townhome development site with the lots next door.

Location

State NJ

County Atlantic

Community Atlantic City

Area Atlantic City

Location Details Beach Block,Boardwalk Front,See Remarks

Rooms

Other Rooms Florida Room

Basement 6 Ft. or More Head Room, Unfinished

Interior

Heating Gas-Natural, Radiator

Exterior

Exterior Feature Brick, Vinyl

Parking Features None

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

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South Jersey Shore Regional MLS (SJSRMLS)
Listed by BHHS FOX and ROACH-Northfield
Steven Pagan

Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@thepagangroup.com

90 Tanner St, Haddonfield, NJ, 08033-2419, USA

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220 Seaside Ave Ave

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