About 2801 Arctic Avenue
Prime location near famous casinos and the boardwalk, featuring a restaurant, employee apartments, and untapped potential - a Triple-Level Gem! This is a fantastic opportunity for first-time homebuyers to live on the third floor and rent out the other two levels to potentially cover the mortgage, or for investors seeking strong rental income. The ground floor houses a well-established restaurant operating for over six years, adding great value. The second floor is now vacant and offers 3 spacious bedrooms and a full bath - ideal for rental or personal use. The third floor is also vacant, boasting 2 commodious bedrooms, generous living space, and a full bath. Property is being sold strictly in "as-is" condition. Don't miss this income-generating opportunity in a high-demand area!
Features of 2801 Arctic Avenue
| MLS® # | 2601250R |
|---|---|
| Price | $499,000 |
| Square Footage | 3,220 |
| Acres | 0.03 |
| Year Built | 1965 |
| Type | Residential Income |
| Sub-Type | 2 Family |
| Status | Active |
Community Information
| Address | 2801 Arctic Avenue |
|---|---|
| City | Atlantic City |
| County | Atlantic |
| State | NJ |
| Zip Code | 08401 |
Amenities
| Utilities | Electricity Connected, See Remarks |
|---|---|
| Parking | See Remarks, On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Unit 1(Kitchen,See Remarks), Unit 2(3 Bedrooms,Kitchen,1 Bath,See Remarks), Unit 3(2 Bedrooms,Kitchen,1 Bath) |
|---|---|
| Appliances | Water Heater(See Remarks,Gas), Water Heater |
| Heating | Baseboard Electric, Baseboard, Radiant |
| Cooling | Ceiling Fan(s),A/C Wall Unit(s),A/C Window Unit(s) |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | No |
Exterior
| Exterior Features | Curbs, Sidewalk |
|---|---|
| Lot Description | Corner Lot, Level |
| Roof | See Remarks, Flat |
Additional Information
| Days on Market | 15 |
|---|
Listing Details
| Office | COLDWELL BANKER REALTY |
|---|