4021 Atlantic Ave, Atlantic City, NJ 08401

Welcome to 4021 Atlantic Ave, a rare oversized triplex spanning nearly 6,900 square feet and offering three income-producing residences just one block from the ocean. The property features a 6 bed, 3 bath two-story residence with ocean views currently rented for $2,900 per month; a 5 bed, 2 bath first-floor unit rented for $2,800 per month; and a 4 bed, 2 bath upper-level unit with ocean views rented for $2,800 per month. Together, the property generates $102,000 annually in gross rental income with strong tenants already in place. With its size, location, and NC-1 zoning, 4021 Atlantic Ave presents a range of opportunities. Investors can hold it as a turnkey rental with immediate cash flow, while owner-occupants may choose to live in one residence and rent the other two units. For those looking to the future, NC-1 zoning allows for neighborhood commercial development. Situated in the historic Lower Chelsea neighborhood near Stockton University, top restaurants, the city’s casinos, … read more …