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Listed price in listed location currency (USD).
$325,000

000

MLS® 602253

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage No
Taxes $4,293
Days Active 25
Lot Size 
Approx. Age 1930
MLS® Number 602253

Property Address: 1017 Arctic Ave, Atlantic City, NJ, 08401-4738

Average square foot calculated using Size range provided by listing agent.

Description

Incredible investment opportunity in a prime, up-and-coming corridor near the Hard Rock Casino and major redevelopment zones. This 3-story mixed-use brick building offers a total of 2, 050 sq ft and is zoned Commercial (Land Use - State) and sits on a 15 ft x 62 ft lot (0.0214 acres). The property features a diverse income-producing layout: a vacant 700 sq ft commercial storefront with a new tenant coming soon (Dominican Restaurant) on the first floor and two residential apartments, both 1 bedroom and 1 bathroom, on the second and third floors. One of the apartments is currently rented for $1, 300 per month, and the other one will be vacant in December and ready for a new tenant. The building includes central heating and cooling, features one brand-new bathroom and one updated bathroom, and is situated close to future job growth and infrastructure improvements. Perfect for investors seeking cash flow, owner-occupants looking to offset costs with rental income, or business owners wanting to live and work on-site. At $325, 000, this mixed-use asset is priced to sell quickly and presents a rare opportunity to own a multi-revenue stream property in a high-potential location.
MLS® Number602253
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1930
Basement
DrivewayPARKING - EXTERIOR: None, Garage: None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 11, 2025List Date
$325,000List Price
  • Commute

Commute

Starting Address
Destination Address
1017 Arctic Ave, Atlantic City, NJ

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