3201 Atlantic Ave , Atlantic City NJ

$2,440,000 | $11,245 / Month*

MLS #555922



Garage/Parking: 6 to 10 Spaces, Off Street, Paved
Foreclosure: No
Design: Comm. w/Apartments
Rooms: Laundry Room, Utility Room
Interior Features
Features: Elevator Pass, Fire Sprinkler System, Security System, Smoke/Fire Alarm
Cooling: Central
Sewer Type: Public Sewer

One if a kind investment opportunity. Two commercial units on the ground floor and ten residential apartments on the second and third floor. This property is in a prime location on the corner of Atlantic Ave and N Montpelier Ave, 2 blocks away from the boardwalk and in the University District of Atlantic City close to Stockton University. This building is 100% occupied for both the commercial units and the residential units. There are two 2 bedroom units, six one bedroom units, and 2 studios, each residential unit has one full bathroom. The commercial unit in the front of the building has seven rooms that includes a large conference room, half bathroom, open waiting area, break area/ kitchen, and three offices. The second commercial unit is being leased by a doctor's office and consists of a lovely waiting area, four incredible examination rooms and a spaciest half bathroom. This property comes with lot 14, 2 N Montpelier Ave, directly behind this building which is now a parking lot for the commercial tenants.

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