4215 Ventnor Avenue, Atlantic City, NJ 08400

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$700,000

bedrooms

bathrooms

square feet

4,464

Acreage

0.04

Open Houses

year built

1930

Full Baths

Half Baths

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This is a coming soon listing and can't be shown until Sunday, 5/4. Just two blocks from the ocean and boardwalk, this fully leased income-producing property offers strong cash flow and long-term growth potential. The building features four spacious residential units and a commercial storefront. Each apartment includes a comfortable living area, a full kitchen, generously sized bedrooms, and carpeting throughout. The landlord covers heat and hot water, while tenants are responsible for their own gas and electric, helping to minimize owner expenses and stabilize net income. The current rent roll includes a commercial space generating $1,575 per month, plus a share of utilities and water/sewer. The residential units are rented as follows: Apartment 1 at $1,350 per month, Apartment 2 at $1,200 per month, Apartment 3 at $1,500 per month, and Apartment 4 at $1395 per month. With all apartments individually metered and a desirable location close to shopping, restaurants, entertainment, and public transportation, this property is well positioned to attract and retain quality tenants. This is an excellent opportunity to acquire a strong cash-flowing asset in one of the area's most sought-after coastal markets.

Location
Subdivision	-
County	Atlantic
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 22512315

Listing agent: Nikita Mamontov

Listing broker: Roman Balandin Realty Llc (732) 786-3838

Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, April 30 2025 at 6:05 a.m. EDT

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