83
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$1,495,000
Est. payment /mo
7 Baths
Price Dropped by $4K
112 S Raleigh Ave Atlantic City, NJ 08401
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 594113
Full Baths 7
Year Built 1920
Annual Tax Amount $17,370
Tax Year 2025
Property Sub-Type Triplex
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! 1.6M Appraisal, Key Facts, Income and Expenses Available to qualified buyers.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Location Details Beach Block,Ocean Front,Boardwalk Area,Water View
Rooms
Other Rooms Den/TV Room, Dining Area, Dining Room, Eat In Kitchen, Laundry/Utility Rm, Living Room
Basement 6 Ft. or More Head Room, Finished, Full, Heated, Inside Entrance, Plumbing
Interior
Heating Baseboard, Gas-Natural, Hot Water
Exterior
Exterior Feature Brick
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by WEICHERT REALTORS ASBURY GROUP-AC
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