bedrooms
3
bathrooms
2
square feet
1,088
Acreage
0.12
Open Houses
-
year built
1960
Full Baths
1
Half Baths
1
Incredible Investment Opportunity & Perfect for Airbnb, Long-Term Rental, or First-Time Homebuyers!Nestled in the sought-after Chelsea Heights neighborhood, this elevated 3-bedroom, 1.5-bath home is packed with potential'whether you're seeking a primary residence, vacation rental income, or a profitable long-term investment.Property Highlights:Gleaming hardwood floors throughoutSpacious fenced yard ideal for entertaining or relaxing outdoorsLarge side deck off the kitchen for additional outdoor living spaceRaised post-Hurricane Sandy with a ground level offering 6-foot ceilings'great for storage or future expansionNew HVAC system, two driveways, and three decksPrime location'just minutes from Atlantic City beaches, boardwalk, casinos, restaurants, and outlet shoppingFinancial Incentives:May qualify for up to 10% down payment and $5,000 in closing cost assistance through the Atlantic County Improvement AuthorityAdditional city and state grants of up to $50,000 may be available for eligible buyersAirbnb potential: Estimated nightly rates of $200&$300 with high occupancy in the areaLong-term rental income: Average monthly rents of $2,800&$3,100, yielding an attractive cap rate of approximately 11.34%All within walking distance to parks and recreation, and just a short drive to all the best Atlantic City has to offer. Whether you're starting out or scaling up, this beautifully updated home is a rare find with outstanding income potential. Schedule your private tour today!
Location | |
Subdivision | ATLANTIC CITY |
County | ATLANTIC |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: NJAC2017780
Listing agent:
Raj Khullar
Listing broker:
Berkshire Hathaway Homeservices Fox & Roach, Realtors
Copyright © 2025 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Monday, April 14 2025 at 11:04 p.m. EDT
Kotohomes National
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