Atlantic City

Incredible Investment Opportunity & Perfect for Airbnb, Long-Term Rental, or First-Time Homebuyers!Nestled in the sought-after Chelsea Heights neighborhood, this elevated 3-bedroom, 1.5-bath home is packed with potential'whether you're seeking a primary residence, vacation rental income, or a profitable long-term investment.Property Highlights:Gleaming hardwood floors throughoutSpacious fenced yard ideal for entertaining or relaxing outdoorsLarge side deck off the kitchen for additional outdoor living spaceRaised post-Hurricane Sandy with a ground level offering 6-foot ceilings'great for storage or future expansionNew HVAC system, two driveways, and three decksPrime location'just minutes from Atlantic City beaches, boardwalk, casinos, restaurants, and outlet shoppingFinancial Incentives:May qualify for up to 10% down payment and $5,000 in closing cost assistance through the Atlantic County Improvement AuthorityAdditional city and state grants of up to $50,000 may be available for eligible buyersAirbnb potential: Estimated nightly rates of $200&$300 with high occupancy in the areaLong-term rental income: Average monthly rents of $2,800&$3,100, yielding an attractive cap rate of approximately 11.34%All within walking distance to parks and recreation, and just a short drive to all the best Atlantic City has to offer. Whether you're starting out or scaling up, this beautifully updated home is a rare find with outstanding income potential. Schedule your private tour today!

Berkshire Hathaway HomeServices Fox & Roach,  Realtors

BHHS Fox & Roach Northfield

SINGLE_FAMILY_RESIDENCE

OTHER

ACTIVE

New Jersey

SingleFamilyResidence - ATLANTIC CITY, NJ

Atlantic City School District

Chelsea Heights

GENERAL_ELEMENTARY_AND_MIDDLE_SCHOOL

Richmond Ave

GENERAL_ELEMENTARY_SCHOOL

Sovereign Ave School

Atlantic City High

GENERAL_HIGH_SCHOOL

Brighton Avenue School

GENERAL_PRE_KINDERGARTEN

Texas Avenue

Venice Park

GENERAL_UNDERGRADUATE_SCHOOL

Dr M L King Junior School Comp

Oceanside Cs

New York Avenue School

600 N DOVER Ave Atlantic City, NJ 08401

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Nearby Schools