Beautiful corner property in Lower Chelsea neighborhood of Atlantic City close to Stockton University and only 1 block from the beach. Currently has two commercial storefronts that are rented and potential to convert the upper two levels into two 3 bedroom apts, each with its own fireplace and private deck. This will take some work to convert but has the potential to bring in an additional 5,000 per month in revenue. This could be a year round rental or Air BnB weekly rental with such close proximity to the beach and boardwalk. This building is being sold as is, with an existing environmental issue of a leaking oil tank. Remediation has been paused.
- Asking Price:
- $550,000
- Sales Revenue:
- Not applicable
- Cash Flow:
- Not applicable
