2514 Atlantic Ave - Apartments FOR SALE


Atlantic City, NJ 08401- Chelsea
$1,300,000 USD
201-796-7777
2514 Atlantic Ave, Atlantic City, NJ for Sale
$1,300,000 USD
Apartments - FOR SALE
1/3
null | 7.73% Cap Rate

2514 Atlantic Ave
Atlantic City, NJ 08401
Chelsea


OVERVIEW

Wonderful investment opportunity in a prime Atlantic Ave location featuring 8 residential apartment units and 1 ground-floor retail convenience store with a long-term lease in place. This well-maintained mixed-use building offers strong, stable income from long-term tenants with significant upside potential through future rent growth. A live-in superintendent provides efficient on-site management, making this a low-maintenance, high-yield asset perfect for investors seeking reliable cash flow and long-term portfolio growth.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$383 USD /SF

# OF UNITS

-

CAP RATE

7.73%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,786 SF

ZONING

NC-2

APN/PARCEL ID

02-00165-0000-00004

ASK ABOUT THIS PROPERTY

Edan YoungExclusive Properties Realty LLCMore Info
201-796-7777

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

Edan YoungExclusive Properties Realty LLCMore Info
201-796-7777

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