$780,000
$849,999
8.2%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
SOLD DATE : 06/05/2026
Key Details
Sold Price $780,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 605634
Sold Date 06/05/26
Bedrooms 3
Annual Tax Amount $11,702
Tax Year 2025
Property Sub-Type Triplex
Property Description
Exceptional fully renovated multiplex located at 3 S Montpelier Ave in the desirable University District/Chelsea section of Atlantic City This versatile property offers three separate units consisting of one 3-bedroom/2-bath, one 2-bedroom/2-bath, and one 2-bedroom/1-bath residence. The building features multiple interior and exterior entrances, allowing for a variety of uses including multi-family living, owner-occupied with rental income, short-term rental (Airbnb), live/work space, or conversion to a single-family home. Property is zoned for commercial use, making it ideal for a professional office, business operation, or mixed-use opportunity. Additional highlights include off-street parking for 6 vehicles (3-car driveway plus rear parking pad), a detached garage, and a welcoming front porch. Major improvements include all-new HVAC systems, new windows, and comprehensive interior renovations throughout—truly a turnkey investment. Prime location just steps to the Atlantic City Boardwalk, beach, casinos, restaurants, and entertainment, with easy off-island access via the Albany Avenue Bridge. A rare opportunity to own a highly flexible, income-producing property in one of Atlantic City's most walkable and sought-after neighborhoods.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Rooms
Other Rooms Den/TV Room, Dining Area, Laundry/Utility Rm
Basement Inside Entrance, Unfinished
Interior
Heating Gas-Natural, Hot Water
Exterior
Exterior Feature Stucco
Parking Features Detached Garage
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
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