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117 SEASIDE AVE Atlantic City NJ 08401

[Locked] • APN 0102_77_35

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Details
Property Type Multifamily
Sub Type Apartment Building
Building SqFt 2,064
Lot SqFt 1,312
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code RS-C
Year Built 1915
Building Count 1
Opportunity Zone Yes
Sold Price per Acre ******
Tax Year ******
Tax Land ******
Tax Additions ******

Property History

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Property Type
Property Type
Multifamily
Property Subtype
Apartment Building
Marketing Description
117 Seaside Ave, Atlantic City, NJ – Turnkey 2-Family w/ Strong STR Income Prime investment opportunity in a high-demand location between Pacific and Oriental Avenues, this fully licensed, excellent-condition 2-unit property offers multiple income strategies and strong upside. The first-floor unit currently generates $1,600/month ($19,200 annually) with the option to convert to a short-term rental projected to produce approximately $30,000–$38,000 annually based on seasonal performance and occupancy, while the upper 4-bedroom duplex is a proven high-performing STR generating approximately $75,800 annually. Combined, the property produces roughly $95,000/year in its current configuration, with projected gross income increasing to approximately $105,000– $113,000+ with full STR optimization. Featuring a durable brick-and-block exterior, hardwood and tile finishes, radiator heat, and a walk-out basement for storage, this asset is built for longevity and performance, making it ideal for investors seeking immediate cash flow and short-term rental upside or an owner occupant looking to significantly offset living expenses in a rapidly growing Atlantic City market.
Investment Highlights
  • Basement: Unfinished, walk-out
  • Showing: call listing office, other see remarks
  • Heating Cooling: A/C window, baseboard, gas, Radiators
  • Building style: Colonial, row house
  • Parking: Available other-see remarks
  • Exterior Finish: Block, brick, other-see Remarks

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
TH
Tarek Hassieb PRO
•••.•••.3999
•••••••ekrg@•••••.com
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Comparable Properties

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Rental Market Overview

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Atlantic City, NJ median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Atlantic City, NJ (this market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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