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Monica Raab

Monica Raab 609-432-3880 609-391-0500

1670 Boardwalk, Ocean City

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For Sale 3805 Ventnor, Atlantic City, NJ, 08401

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3805 Ventnor, Atlantic City, NJ, 08401

$489,900

Monica Raab
  • Buyer Agent Compensation: N/A
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Commercial and Residential Bay Front Building 4,284 sq ft with a 3BR/1.5BA apartment for sale. Current business is a Dentist office and is currently open. Great location within steps to public transportation, Atlantic City\'s famous boardwalk, beaches, restaurants, bars, entertainment, Stockton campus and more. Top unit is a 3 bedrooms, 1.5 bath with a deck over looking the water. Tenant occupied. Great investment potential.

Listing courtesy of: Keller Williams Realty Jersey Shore-Ocean City
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright South Jersey Shore Regional Multiple Listing Service. All rights reserved.
Total Rooms
Full Bath 0
# of Stories
Year Build 1940
Lot Size
Tax 14957.00
SQFT
ExteriorBrick, Vinyl
InteriorFeaturesLiving Space Available, Restroom, Storage
HeatingBaseboard, Gas-Natural
WaterPublic
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions
# Units
Tax Year 2024
Area Atlantic City
ParkingGarageOff Street, Other (See Remarks)
BasementSlab
CoolingCentral
SewerPublic Sewer
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Nearby Listings

This bayfront nine-unit building in Lower Chelsea is located directly across from Stockton University’s Island Campus and just two blocks from the beach and boardwalk. The property includes seven three-bedroom units, one two-bedroom unit, and one one-bedroom unit. Currently, five units are leased on annual terms, while four are vacant and ready for immediate occupancy. The owner reports riparian rights for six boat slips and prior approvals for a rooftop deck. All units have already been condo-converted, providing buyers the flexibility to either hold the property for long-term rental income and appreciation or resell the units individually. This dual exit strategy makes the property highly appealing for investors seeking a wholesale acquisition with multiple paths for value growth. Recent improvements include new electrical systems throughout the building with permits, new panels and wiring, upgraded common-area lighting, new HVAC systems, approximately 80% new plumbing stacks, a new sewer line to the street, roof re-lining, eight tons of gravel added to the rear yard, removal of the old boiler, and added structural reinforcement with steel I-beams at the base of the building and sistered 4x4 beams at the main support columns on each floor. The property is fully fenced and secured with combination locks and a sixteen-channel camera system. Units offer water views, central air conditioning, gas heating, and gas cooking. Units A, B, C, 1, 3, and 5 were fully gutted and renovated, while units 2, 4, and 6 were recently updated. Street parking is available, and public transportation is easily accessible out front. The Ventnor-side location is close to grocery stores, restaurants, pharmacies, retail, and major Atlantic City destinations including Tropicana, Caesars, Hard Rock, and Ocean Casino.

Property 2

3809 Ventnor, Atlantic City

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  • $2250000