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205 S Vermont Ave Ave, Atlantic City, NJ 08401

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For Sale

$559,900

6 beds2 baths2,312 sqft

Estimated Payment

$      /mo.

APR for 30 years

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

  • $242.17
    Price per square foot

  • Basement
    Rooms

Explore this Property

**Listing Attention:** This property presents a unique opportunity to own a beautiful duplex in a prime beach block location. You can either develop a trophy property with stunning panoramic waterfront views or retain the existing structure and upgrade it for substantial income through Airbnb rentals. This property is legally zoned as a duplex, allowing for extra income generation. You can occupy one unit while renting out the other or capitalize on the booming Airbnb market. Positioned just a short walk from the renowned Atlantic City beach, this home is an ideal rental property for both vacationers and long-term tenants. The property features six generously sized bedrooms and two bathrooms in the upper unit, currently rented for $1,500 per month, which is well below current market value, and a two-bedroom, one-bathroom unit on the ground level, rented for $1,100 per month, providing ample space for family, friends, and guests. The LH-2 Zoning District permits multi-family, low-rise, and mid-rise residential buildings, along with opportunities for restaurants, bars, non-casino hotels, townhouses, and other uses. This is truly a rare opportunity that may not come around again.
MLS# 596817

Courtesy Of Berkshire Hathaway HomeServices Fox & Roach

(609) 646-1900

Property Features

  • Amenities
    Deck, Porch, Water Front
  • Appliances
    Refrigerator
  • Exterior Type
    Brick
  • Heating System
    Baseboard
  • Rooms
    Basement, Den, Kitchen, Living Room

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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Monthly Payment Breakdown

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