3816 Ventnor Ave, Atlantic City, NJ 08401
3816 Ventnor Ave, Atlantic City, NJ 08401
3816 Ventnor Ave, Atlantic City, NJ 08401
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$549,900
Est. payment /mo
2 Beds
3 Baths
4,200 SqFt
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $130

MLS Listing ID 609351

Bedrooms 2

Full Baths 3

Year Built 1925

Annual Tax Amount $9,407

Tax Year 2025

Lot Size 4,200 Sqft

Property Sub-Type Triplex

Property Description

Discover an outstanding investment opportunity in a prime location just minutes from Stockton University and only a short walk to Atlantic City's beautiful beaches, world-famous Boardwalk, casinos, restaurants, shopping, and public transportation. This income-producing mixed-use triplex offers the perfect combination of immediate cash flow and long-term appreciation. The street-level pizza shop is leased under a Triple Net (NNN) lease, providing reliable income with minimal landlord expenses. The second-floor apartment is currently rented at $1,500 per month, while the newly renovated third-floor 3-bedroom apartment is vacant and move-in ready, with a projected rental income of approximately $2,100 per month. Whether leased to a long-term tenant, used for student housing, or occupied by the new owner, this beautifully updated unit offers exceptional flexibility. When fully occupied, the property has the potential to generate over $70,000 in annual gross rental income, making it an excellent addition to any investment portfolio. With its unbeatable location, strong income potential, and opportunity for future growth, this property is ideal for investors seeking passive income or buyers looking to offset their mortgage with rental revenue. Showings begin July 1st. Please do not disturb tenants.

Location

State NJ

County Atlantic

Community Atlantic City

Area Atlantic City

Interior

Heating Hot Water

Exterior

Exterior Feature Brick

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 eXp Realty - Montclair

Nearby Locations

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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3816 Ventnor Ave