20 S Marion Ave - Apartments FOR SALE


Ventnor City, NJ 08406
$1,220,000 USD
609-289-1139
20 S Marion Ave, Ventnor City, NJ for Sale
$1,220,000 USD
Apartments - FOR SALE
1/46
null | Request Cap Rate

20 S Marion Ave
Ventnor City, NJ 08406


OVERVIEW

Own a Piece of History – Formerly Owned by Nucky Johnson! Step into the intriguing realm of the legendary Nucky Johnson with this rare South Side street-to-street true triplex in the heart of Ventnor, just steps from the beach. Once owned by the iconic Atlantic City figure, this well-maintained property offers a unique blend of historical charm and modern income potential. The building features two spacious 2-bedroom, 2-bathroom units—each with its own en-suite bedroom, front porch, and private back deck with stunning ocean views. The ground-level unit includes 2 bedrooms, 1.5 bathroom, and additional storage space—perfect for guests, extended family, or added rental income. All units share access to a convenient laundry room and a refreshing outdoor shower for those sandy beach days. The property also boasts extensive off-street parking and a two-car garage. Each unit is separately metered for gas making it ideal for tenants or short-term rental setups. The ground and second floor apartment are under the same electric meter, while the top floor has it's own electric meters. Whether you're looking to invest, rent, or restore a illustrious property to its full glory, this vacant triplex is ready for you to maximize its incredible income-producing potential. Don’t miss this rare opportunity to carry on a piece of Ventnor’s colorful history! Property being sold AS-IS.

FOR SALE DETAILS

PRICE

$1,220,000 USD

PRICE/SF

$416 USD /SF

# OF UNITS

3

PRICE/UNIT

$406,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

RR-1

APN/PARCEL ID

22-00048-0000-00004

ASK ABOUT THIS PROPERTY

Mary Lou FerryFarley & Ferry RealtyMore Info
609-289-1139

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Mary Lou FerryFarley & Ferry RealtyMore Info
609-289-1139

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.