117 Seaside Ave

Atlantic City NJ 08401

Duplex

Currently for sale - view listing

Overview

117 Seaside Ave, Atlantic City, NJ – Turnkey 2-Family w/ Strong STR Income Prime investment opportunity in a high-demand location between Pacific and Oriental Avenues, this fully licensed, excellent-condition 2-unit property offers multiple income strategies and strong upside. The first-floor unit currently generates $1,600/month ($19,200 annually) with the option to convert to a short-term rental projected to produce approximately $30,000–$38,000 annually based on seasonal performance and occupancy, while the upper 4-bedroom duplex is a proven high-performing STR generating approximately $75,800 annually. Combined, the property produces roughly $95,000/year in its current configuration, with projected gross income increasing to approximately $105,000–$113,000+ with full STR optimization. Featuring a durable brick-and-block exterior, hardwood and tile finishes, radiator heat, and a walk-out basement for storage, this asset is built for longevity and performance, making it ideal for investors seeking immediate cash flow and short-term rental upside or an owner-occupant looking to significantly offset living expenses in a rapidly growing Atlantic City market.

Features

5 bedrooms

3 bathrooms

Duplex

Property history for 117 Seaside Ave

2022

Sold

$462,000

23 Dec 2022 by Donna Halgas

2021

Sold

$210,000

24 May 2021 by Tomasz Goralczuk, of KELLER WILLIAMS REALTY JERSEY SHORE-Ocean City

2019

Sold

$140,000

18 Apr 2019 by WALTER KIM, of Premier Beach Realty, Llc

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