For Sale 206 & 211 Iowa, Atlantic City, NJ, 08401

APPROXIMATELY 390 FEET ON THE WATER!! CAFRA APPROVED!! Unlock a World of Opportunities! Breathe new life into this once-thriving Marina or reimagine it as a serene waterfront residential community. Positioned across from the historic OLD Bader Field and Baseball Stadium, enjoy easy access to the inlet and back Bays. Discover 12 distinctive lots in total! On the Lake Side, you\'ll find 8 captivating lots. Highlighting this side is a spacious 3,200 sq ft garage-style structure with 8 bays—an ideal canvas for your creative vision. On the Restaurant Side, a unique opportunity awaits with 4 lots. Envision a charming 3,000 sq ft boathouse/restaurant-style structure complete with bathrooms. Picture over an acre of enchanting floating docks, slips, and a world of potential revenue! Alternatively, explore the possibility of crafting residential homes or condos, inspired by the nearby Sunset Ave approach. Here, 26\' wide lots cleverly integrated waterfront land for heightened value. Pending necessary approvals, this property could potentially host around 14 distinct properties. For a captivating twist, combine the allure of condos with the allure of a marina, creating an enduring stream of residual income. Imagine a waterfront restaurant seamlessly integrated with a charming marina, both perfectly positioned to capture the beauty of each sunset. Unleash your creativity on this remarkable canvas!

Introducing a one-of-a-kind duplex with breathtaking views of the Bay of Atlantic City! Enjoy a great income stream from this fully occupied property, strategically nestled in a central location close to highways, beaches, and the vibrant activities on the island. This property boasts two distinct units – a cozy two-bedroom apartment and a spacious three-bedroom apartment. The second-floor unit elevates living to a new level with a charming porch, the perfect spot to unwind and soak in the panoramic bay views. Both units are occupied by wonderful tenants who are up-to-date on rent, contributing $1275.00 and $1475.00 respectively. A lucrative investment opportunity awaits with reliable rental income of $33,000 a year! Situated street to street, convenience is key with street parking available both in front and behind the property. The location is unmatched - located in close proximity to the vibrant activities that Atlantic City has to offer and also close to Ventnor & Margate.

Open House Sun 4/07 1-4pm! Presenting a rare opportunity to own a multifamily gem in the heart of Downtown Atlantic City, NJ. This property boasts six units, offering both convenience and comfort in a sought-after location. The five, one bedroom apartments each features 1 bdrm, 1 bath, kitchen and living room space. The one studio apartment is spacious. This property sits on a prime corner lot, nestled in the heart of Atlantic City. Residents will enjoy unparalleled access to an array of amenities. From trendy restaurants, bustling casinos, to the scenic waterfront, everything is just steps away. A quick drive will take you to the pristine shores of Ventnor City Beach & city. High Demand Area: With its central location and diverse unit offerings, the property is primed for high occupancy rates and steady rental income. Growing Market: Atlantic City continues to attract both tourists and residents alike, making it a promising investment destination with potential for long-term appreciation. Don\'t miss out on this exceptional opportunity to invest in a multifamily property that perfectly blends location, functionality, and investment potential. Whether you\'re a seasoned investor or looking to start your real estate portfolio, this Downtown Atlantic City gem promises to deliver on all fronts.