112 S Raleigh Ave

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Address: 112 S Raleigh Ave, Atlantic City, NJ 08401, USA
Created date: March 14, 2025
Date last updated: March 20, 2025

Property Description

Welcome to 112 Raleigh Avenue, a fully renovated Lower Chelsea Beach Block LUXURY Triplex that is sure to captivate your senses. This magnificent property, just two buildings away from the beach and boardwalk, offers the perfect combination of modern elegance and coastal charm Step inside Unit 1, a sprawling two-story oasis spanning nearly 3000 square feet. With 6 bedrooms and 3 full bathrooms, there is ample space for everyone to enjoy. The unit boasts its laundry facilities, ensuring convenience and ease of living. Units 2 and 3 are equally impressive, each offering 1500 square feet of thoughtfully designed living space. With 4 bedrooms and 2 bathrooms in each unit, these versatile spaces are perfect for extended family retreats or as potential rental opportunities. Plus, convenient designated laundry access awaits you in the ground floor laundry room. No detail has been missed in this spectacular renovation. Central HVAC systems have been installed in all three units for year-round comfort. New flooring throughout adds a touch of sophistication, while the stylish kitchens are perfect for culinary adventures. Every inch of this property has been enhanced with brand-new finishes that exude luxury and style. As you venture outside, you'll discover a new backyard deck where you can soak up the sun or host memorable gatherings with loved ones. And don't forget about the outdoor shower hook-up - an essential amenity for those sandy beach days! Currently as an active Airbnb, this property presents a fantastic investment opportunity with projected gross revenue of 200k. The option to purchase the units furnished is also on the table, allowing for immediate or seamless continuation of this successful venture. Don't miss your chance to own this remarkable triplex, one of the most sought-after locations in Lower Chelsea. Showings are subject to availability, so now to experience coastal living at its finest, contact us today to secure your piece of paradise! Income and Expenses Available

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $1,499,000
No. of Units: 3
Year Built: 1920
Lot Size: 5,385.00 Sq ft
Opportunity Zone: No
Price per unit: $499,667
Property Website Click Here
Number of Bedrooms: 12
Number of Bathrooms: 7
Address: 112 S Raleigh Ave, Atlantic City, NJ 08401, USA
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