1/23
1/23
Sale
Multi-Family Home
Atlantic City, Atlantic County, New Jersey
Bedrooms
5 Beds
Bathrooms
3 Baths
Property Ref
9XVSNM
Price
$ 650,000

Mayfair Branch
Description
117 Seaside Ave, Atlantic City, NJ 08407
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.
Features & Amenities
Disclaimer: Please note that all sizes listed are approximate and based on documentation provided at the time of listing the property. Exact unit/plot sizes may vary from what is presented above.
Location
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Let's get in touch

Mayfair Branch
Listed Office
United Kingdom Sotheby's International Realty
48 Conduit Street, London, England, W1S 2YR