8 N Montpelier Ave, Atlantic City, NJ 08401

Local realty services provided by:ERA Statewide Realty
8 N Montpelier Ave,Atlantic City, NJ 08401
$750,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:michael marotta
Office:keller williams realty jersey shore-margate
MLS#:595807
Source:NJ_SJSRMLS

Price summary

  • Price:$750,000

About this home

Investor opportunity in the heart of Atlantic City! Welcome to 8 N Montpelier Avenue, a fully occupied, income-producing triplex with an additional rooming house setup, located just 2.5 blocks from the beach. The property features one 3-bedroom, 1-bath unit, two 2-bedroom, 1-bath units, and a rooming area consisting of six rentable rooms. The rooming house is supported by two shared full bathrooms, with one room offering a private half bath. Some units have already been rehabbed, providing added value and upside potential. Each apartment pays its own utilities, while the owner is responsible only for the utilities in the rooming area. Tenants enjoy shared outdoor spaces including a back deck and patio—perfect for relaxation or entertaining. With 100% occupancy and an annual income/expense sheet available upon request, this property is ideal for a savvy investor looking to step into a turn-key opportunity in a prime location near the beach and boardwalk.

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Home facts

  • Listing Id #:595807
  • Added:103 day(s) ago
  • Updated:July 09, 2025 at 03:03 PM

Heating and cooling

  • Cooling:Ceiling Fan(s), Window Units
  • Heating:Baseboard, Radiator

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$750,000
  • Tax amount:$7,478 (2025)