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220 Seaside Ave Ave, Atlantic City, NJ 08401

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For Sale

$579,900

6 beds • 3 baths • 1,996 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $290.53
    Price per square foot

  • Basement
    Rooms

Explore this Property

Listing Alert: This property presents a unique opportunity to own a beautiful duplex in a prime beach block location. You can either build a trophy development with stunning panoramic waterfront views or keep the existing property and upgrade it for a phenomenal income through Airbnb rentals. This property is legally zoned as a duplex, providing the opportunity to generate extra income. You can live in one unit and rent out the other or take advantage of the booming Airbnb market. Located just a short walk from the famous Atlantic City beach, this home is an ideal rental property for both vacationers and long-term tenants. The property features five generously sized bedrooms and two bathrooms in the upstairs unit, which is rented for a yearly lease of $2,850 per month. Additionally, the ground-level unit features one bedroom and one bathroom, and is rented for $1,200 per month on a one-year lease. The LH-2 Zoning District permits multi-family, low-rise, and mid-rise residential buildings, as well as opportunities for restaurants, bars, non-casino hotels, townhouses, and other uses. This is truly a unique opportunity that may be hard to come by again. The same owner is willing to sell 218 Seaside Ave, a vacant lot of 2590 sq. ft. for $145,000, with the possibility for parking use for the house or incorporation into a townhome development site with the lots next door.
MLS# 596716

Courtesy Of Berkshire Hathaway HomeServices Fox & Roach

(609) 646-1900

Property Features

  • Amenities
    Deck, Porch, Ceiling Fan, Water Front
  • Appliances
    Microwave, Refrigerator
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Brick
  • Rooms
    Basement
  • View Type
    Ocean

Map and Directions

Directions to 220 Seaside Ave 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
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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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