141 S Ocean Ave, Atlantic City, NJ 08401

$2,250,000

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List Price
$2,250,000
Days on Market
4
Status
ACTIVE
MLS#
NJAC2025450
Lot Size (Acres)
0.07
Year Built
1920
County
Atlantic
School District
Atlantic City Schools

Property Description

141 S Ocean Avenue offers a rare opportunity to acquire a stabilized, income-producing 29-unit multifamily property in one of Atlantic City's most desirable locations. Just steps from the world-famous Boardwalk and beach, this investment combines immediate cash flow with exceptional long-term upside in a market experiencing continued revitalization. Encompassing approximately 4,657 square feet, the property is fully operational with an established tenant base and consistent in-place income, providing investors with a turnkey asset from day one. Its premier location places residents within walking distance of Atlantic City's renowned casinos, restaurants, entertainment venues, and waterfront attractions, further enhancing its long-term investment appeal. Whether you're expanding an existing portfolio or seeking a high-performing multifamily asset in a thriving coastal market, 141 S Ocean Avenue presents a compelling opportunity to secure a property that offers both stability and future appreciation potential.

Additional Information

Area
Atlantic City (20102)
Taxes
$12742
School District
Atlantic City Schools
Heating
Baseboard - Hot Water
Heating Fuel
Natural Gas
Cooling
Window Unit(s)
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of KW Empower. Contact: vicki@kwempower.com