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123 S Berkley Square,Lower Chelsea NJ - Active
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Price:
$1,150,000
Type:
MULTI-FAMILY
MLS: 607595 |
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Bedrooms:
0
Baths: 0 Half Baths:
0
Lot Size: 39x82 |
Welcome to 123 S. Berkley Square — a legal triplex on the beach block in Atlantic City's Lower Chelsea neighborhood, bordering Ventnor. This is the kind of opportunity investors wait for: beach block location, immediate income, and room to grow it further. The 1st floor is a 2-bedroom, 1-bath unit occupied by an established annual tenant at $1,850/month. The 2nd floor is a bright 2-bedroom, 2-bath unit, fully renovated and vacant, available for immediate occupancy. The top floor is a standout 4-bedroom, 2.5-bath unit, also fully renovated and vacant, available for immediate occupancy. This gives a buyer three paths: a full three-unit rental, an owner-occupied top unit with two income-producing rentals below, or a seasonal/year-round mix. Upgrades include new kitchens and baths, hardwood flooring throughout the upper units, and recessed lighting. Water views are visible from nearly every level, and the home offers multiple outdoor spaces — porches, decks, balconies, and a rear patio for three-season entertaining — along with oversized, light-filled rooms throughout. The location is just steps to one of the most sought-after stretches of beach and boardwalk on the South Jersey Coast, with Lower Chelsea offering a quieter, more residential pocket while staying close to everything Atlantic City has to offer. Whether you're expanding a portfolio, house hacking, or buying a shore investment that already cash-flows, this one checks the boxes. Some images have been virtually staged.
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| PROPERTY FEATURES |
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Status: Active
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Lot Dimensions: 39x82
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Water: Public
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Location: Beach Block
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Other Rooms: Den/TV Room,Dining Room,Kitchen
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Sewer: Public Sewer
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Water Heater: Gas
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Appliances: Dishwasher,Dryer,Electric Stove,Microwave,Refrigerator,Washer
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Heating: Forced Air,Gas-Natural
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Cooling: Ceiling Fan(s),Central,Electric
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Parking - Exterior: Off Site Parking
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Garage: Attached Garage,Heated Garage,Two Car
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Listing Courtesy of COLDWELL BANKER ARGUS REAL ESTATE-Northfield.
© 2015 South Jersey Shore Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional MLS. Real Estate listings held by brokerage firms other than Grace Realty are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed. The broker providing these listings to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. |
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