Exceptional investment opportunity just minutes from Stockton University and the vibrant energy of Atlantic City’s beaches, casinos, shopping, and transit hubs. This mixed-use triplex offers immediate cash flow and future upside. Ground Floor Retail: Pizza Shop Leased for 3 years under a triple net (NNN) lease—stable income with minimal landlord expenses. Second Floor Residential: Currently rented at $1,500/month, providing consistent residential income. Third Floor Potential: Vacant unit with projected rent of $2,000/month—ideal for student housing, short-term rental, or long-term tenant. Investment upside: Fully occupied, this property could generate over $50,000 annually. Add value with cosmetic upgrades or strategic leasing. SHOWINGS TO BEGIN 10/17 Whether you're an investor seeking passive income or a buyer looking to occupy and rent, this triplex delivers flexibility, location, and long-term growth.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $489,000 | $∞ | BALSLEY/LOSCO |
Year | Annual Amount | Description |
---|---|---|
2024 | $9,607 |
Elementary School Richmond Ave | 0.2 miles away | KG - 06 | |
Elementary & Middle School Sovereign Ave School | 0.4 miles away | KG - 08 | |
Elementary & Middle School Chelsea Heights | 0.5 miles away | KG - 08 |