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38 N Iowa Ave, Atlantic City, NJ 08401

Local realty services provided by:CENTURY 21 Rauh & Johns
38 N Iowa Ave,Lower Chelsea, NJ 08401
$624,990
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kenneth robinson
Office: bhhs fox and roach-margate
MLS#:604734
Source:NJ_SJSRMLS

Price summary

  • Price:$624,990

About this home

TRIPLEX 12% CAP RATE.... This is a turn key opportunity for great income. This grand old Duchess of a home sits on a beautiful wide avenue, Iowa Ave. It is just 2.5 blocks to the world famous Atlantic City Board walk and beach. Great restaurants, shopping and Casino action are just a short stroll away. We have given this grand old lady a total make over, you can start ranting it tomorrow....All new floors, windows, and beautiful bathrooms. The kitchen features all stainless steal appliances; microwave, refrigerator, and of course a gas stove. Add in the granite counter tops for a perfect kitchen. Each of the 3 units come equipped with climate controls split heater/air-conditioners. All apartments offer 2 bedrooms, a dinning area, kitchen, upgraded shower and bathroom, and living room.

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Home facts

  • Listing ID #:604734
  • Added:5 day(s) ago
  • Updated:February 19, 2026 at 04:02 PM

Heating and cooling

  • Cooling:Electric, Multi-Zoned
  • Heating:Electric, Forced Air, Multi-Zoned

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$624,990
  • Tax amount:$7,118 (2025)

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