$1,175,000

Single Family Detached

  • 3,584 Sqft
  • 3,050 Sqft lot
  • Updated: July 3
  • MLS#NJAC2024416

About the Property

Welcome to 123 S. Berkley Square - a legal triplex just steps from the beach in Atlantic City’s sought-after Lower Chelsea neighborhood, bordering the Ventnor neighborhood. This is the kind of opportunity investors wait for. Beach block location, multiple income streams, and serious upside. Each unit offers its own unique appeal. The first floor features a spacious 2-bedroom, 1-bath layout with an
Welcome to 123 S. Berkley Square - a legal triplex just steps from the beach in Atlantic City’s sought-after Lower Chelsea neighborhood, bordering the Ventnor neighborhood. This is the kind of opportunity investors wait for. Beach block location, multiple income streams, and serious upside. Each unit offers its own unique appeal. The first floor features a spacious 2-bedroom, 1-bath layout with an established annual tenant already in place. The second floor is a bright and airy 2-bedroom, 2-bath unit, ready for immediate income optimization. Upstairs, the top-floor unit is a standout 4-bedroom, 2.5-bath space, currently with the first floor unit rented and 2 additional fully renovated units vacant. This offers the opportunity for an owner unit with 2 income producing rental units or a full 3 unit rental option. Whether renting seasonally or year-round, the combination of the valuable home makes sense. Upgrades include new kitchens and baths, hardwood flooring and recessed lighting in the upper units, new hardwood flooring What really sets this property apart is the lifestyle it delivers. Water views from nearly every level, multiple outdoor spaces including porches, decks, balconies, plus a rear patio for 3 season entertaining and spacious oversized light-filled rooms, coastal life-style feel that tenants and guests love. And the location? Just steps to one of the highly sought after stretches of beach and boardwalk on the South Jersey Coast. Lower Chelsea offers that perfect balance-close to everything Atlantic City has to offer, but tucked away in a more residential, upscale pocket. Whether you’re looking to expand your portfolio, house hack, or own a high-performing shore investment, this one checks all the boxes. Some images have been virtually enhanced.
  • Property type

    House

  • Year built

    1910

  • Price/sqft

    $327

Features

  • Garage
  • Water View
  • Renovated
  • Air Conditioning
  • Balcony
  • Parking
  • Coastal

Explore the Area

123 S Berkley Square, Atlantic City, NJ 08401, Ventnor City, New Jersey, United States View on Google Maps
Price per sqft
Low
High

View 19 more listings in Ventnor City

Philip Cavalcanto

Joined 6 years ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Philip Cavalcanto
Pennsylvania, United States
View agency profile
1
Listings
2021
Joined

Book home tour with Philip Cavalcanto

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Coldwell Banker Realty - Philadelphia
Coldwell Banker Realty - Philadelphia
325 Chestnut St Ste 1300, 19106, Philadelphia, Pennsylvania, United States
View agency profile
Last updated
July 3
First listed
May 8
Listing reference
m6cbtk
Call

Start phone call with:

Hello, I’m calling for the property with the reference m6cbtk, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with