205 S Vermont Ave Ave, Atlantic City, NJ 08401
205 S Vermont Ave Ave, Atlantic City, NJ 08401
205 S Vermont Ave Ave, Atlantic City, NJ 08401
205 S Vermont Ave Ave, Atlantic City, NJ 08401
205 S Vermont Ave Ave, Atlantic City, NJ 08401
205 S Vermont Ave Ave, Atlantic City, NJ 08401
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VRA Realty

VRA Realty

+1(484) 800-1777
$ 540,000
Est. payment | /mo

3 Beds

2 Baths

2,312 SqFt

Save
$ 540,000
Est. payment | /mo
Save

3 Beds

2 Baths

2,312 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,312 sqft

Price per Sqft $233

MLS Listing ID 596817

Bedrooms 3

Full Baths 2

Annual Tax Amount $5,903

Tax Year 2024

Lot Size 2,312 Sqft

Property Sub-Type Duplex

Property Description

**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.

Location

State NJ

County Atlantic

Community Atlantic City

Area Atlantic City

Location Details Beach Block,Boardwalk Front

Rooms

Other Rooms Den/TV Room, Dining Area, Kitchen, Living Room, Pantry

Basement 6 Ft. or More Head Room

Interior

Heating Baseboard, Gas-Natural

Exterior

Exterior Feature Brick, Vinyl

Parking Features None

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

South Jersey Shore Regional MLS (SJSRMLS)
Listed by BHHS FOX and ROACH-Northfield

Nearby Locations

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Beckie Barton

Director of Growth and Operations

+1(302) 588-7812 | beckie@vrarealty.com

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205 S Vermont Ave Ave

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