Listed price in listed location currency (USD).
$799,900

000

MLS® 609715

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage 
Taxes $13,402
Days Active 7
Lot Size 
Approx. Age 1930
MLS® Number 609715

Property Address: 1658 W Riverside Dr, Atlantic City, NJ, 08401-1632

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

Description

Turnkey waterfront investment opportunity! This fully renovated triplex offers an exceptional combination of immediate cash flow, modern improvements and rare deep water access. Completely gutted and rebuilt less than 2 years ago, the property is fully occupied by year round tenants, providing stable income from day one. The building consists of three spacious units: a large one bedroom apartment, a two story four bedroom residence and a two story two bedroom residence. Each unit has been thoughtfully renovated with updated finished and major systems, making this a truly low maintenance addition to any investment portfolio. Outside, you'll find a brand new dock and pilings capable of accomodating up to three large boats or several smaller vessels creating an incredible waterfront amenity rarely found with multi-family properties. Beyond its current income producing performance, this property offers outstanding long term flexibility. Continue operating as a fully leased investment, explore the property future short term rental/Airbnb potential (subject to local regulations), or owner occupy one of the units while the remaining apartments help off set your mortgage-an ideal opportunity to enjoy waterfront living while generating rental income. Whether you are looking to expand your portfolio with a stabilized asset or secure a unique waterfront property with tremendous upside, opportunities like this are few and far between. Property is being sold strictly as is. Buyer is responsible for obtaining the Certificate of Occupancy and any other municipal certifications required for closing.
MLS® Number609715
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1930
BasementCrawl Space
DrivewayPARKING - EXTERIOR: Two Car, Off Site Parking, Garage: None
Garage Spaces
HeatGas-Natural
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 10, 2026List Date
$799,900List Price
  • Commute

Commute

Starting Address
Destination Address
1658 W Riverside Dr, Atlantic City, NJ

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