Key Facts
- MLS® #: 260005688
- Property ID: SIRC3235886
- Original Price: USD 650,000
- Property Type: Residential, Multi-Family Home
- Bedrooms: 5
- Bathrooms: 3
- Listed By:
- Tarek Hassieb
Property 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.
Listing Agents
- Tarek Hassieb
C. 7328743999
O. 7328743999
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Location
117 Seaside Ave , Atlantic City, New Jersey, 08407 United States
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Prominent Properties Sotheby's International Realty
306 Washington Street
Hoboken, New Jersey, 07030
United States
2017955200
