For Sale 243 Metropolitan Ave, Atlantic City, NJ, 08401

This is a corner lot right next to the Ocean Casino exit. This fantastic real estate opportunity features a cleared and leveled lot, with all utilities accessible, including gas, electricity, cable, water, and sewer. Improvements include curbs, sidewalks, and newly paved streets. Zoned RM-3, it is ready for multi-family residential development. Conveniently located just steps from the Ocean Resort Casino, a block from the beach and boardwalk, and two blocks from the Showboat Water Park and HARD ROCK Casino! Additionally, three more available lots are for sale in a package: 118 S Massachusetts Ave, 121 S. Congress, and 125 S. Congress. The land package is $269,777.

Listing Alert: This property presents a unique opportunity to own a beautiful duplex in a prime beach block location. You can either build a trophy development with stunning panoramic waterfront views or keep the existing property and upgrade it for a phenomenal income through Airbnb rentals. This property is legally zoned as a duplex, providing the opportunity to generate extra income. You can live in one unit and rent out the other or take advantage of the booming Airbnb market. Located just a short walk from the famous Atlantic City beach, this home is an ideal rental property for both vacationers and long-term tenants. The property features five generously sized bedrooms and two bathrooms in the upstairs unit, which is rented for a yearly lease of $2,850 per month. Additionally, the ground-level unit features one bedroom and one bathroom, and is rented for $1,200 per month on a one-year lease. The LH-2 Zoning District permits multi-family, low-rise, and mid-rise residential buildings, as well as opportunities for restaurants, bars, non-casino hotels, townhouses, and other uses. This is truly a unique opportunity that may be hard to come by again. The same owner is willing to sell 218 Seaside Ave, a vacant lot of 2590 sq. ft. for $145,000, with the possibility for parking use for the house or incorporation into a townhome development site with the lots next door.

Vacant land located on the Corner of Oriental and Congress avenue. Lot dimensions are 68x58. Desirable area located across the street from Ocean Casino. Located in Casino Reinvestment Development Authority.