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112 S Raleigh Ave, Atlantic City, NJ 08401

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For Sale

$1,425,000

12 beds • 7 baths • 5,385 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $264.62
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Welcome to 112 Raleigh Avenue, a fully renovated Lower Chelsea Beach Block LUXURY Triplex that is sure to captivate your senses. This magnificent property, just two buildings away from the beach and boardwalk, offers the perfect combination of modern elegance and coastal charm Step inside Unit 1, a sprawling two-story oasis spanning nearly 3000 square feet. With 6 bedrooms and 3 full bathrooms, there is ample space for everyone to enjoy. The unit boasts its laundry facilities, ensuring convenience and ease of living. Units 2 and 3 are equally impressive, each offering 1500 square feet of thoughtfully designed living space. With 4 bedrooms and 2 bathrooms in each unit, these versatile spaces are perfect for extended family retreats or as potential rental opportunities. Plus, convenient designated laundry access awaits you in the ground floor laundry room. No detail has been missed in this spectacular renovation. Central HVAC systems have been installed in all three units for year-round comfort. New flooring throughout adds a touch of sophistication, while the stylish kitchens are perfect for culinary adventures. Every inch of this property has been enhanced with brand-new finishes that exude luxury and style. As you venture outside, you'll discover a new backyard deck where you can soak up the sun or host memorable gatherings with loved ones. And don't forget about the outdoor shower hook-up - an essential amenity for those sandy beach days! Currently as an active Airbnb, this property presents a fantastic investment opportunity with projected gross revenue of 200k. The option to purchase the units furnished is also on the table, allowing for immediate or seamless continuation of this successful venture. Don't miss your chance to own this remarkable triplex, one of the most sought-after locations in Lower Chelsea. Showings are subject to availability, so now to experience coastal living at its finest, contact us today to secure your piece of paradise! 1.6M Appraisal, Key Facts, Income and Expenses Available to qualified buyers.
MLS# 594113

Courtesy Of WEICHERT REALTORS ASBURY GROUP-AC

(609) 344-6200

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Porch, Water Front
  • Appliances
    Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Exterior Type
    Brick
  • Heating System
    Baseboard
  • Rooms
    Basement, Den, Dining Room, Kitchen, Living Room

Map and Directions

Directions to 112 S Raleigh Ave, Atlantic City, NJ 08401

Home seller CENTURY 21 Atlantic Professional Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Atlantic Professional Realty

(609) 652-6000
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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