For Sale 205 Vermont Ave, Atlantic City, NJ, 08401
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205 Vermont Ave, Atlantic City, NJ, 08401
$565,000
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Ellwood Paisley, Jr.
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Office
609-399-0076
- listing #: 596817
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**Listing Attention:** This property presents a unique opportunity to own a beautiful duplex in a prime beach block location. You can either develop a trophy property with stunning panoramic waterfront views or retain the existing structure and upgrade it for substantial income through Airbnb rentals. This property is legally zoned as a duplex, allowing for extra income generation. You can occupy one unit while renting out the other or capitalize on the booming Airbnb market. Positioned just a short walk from the renowned Atlantic City beach, this home is an ideal rental property for both vacationers and long-term tenants. The property features six generously sized bedrooms and two bathrooms in the upper unit, currently rented for $1,500 per month, which is well below current market value, and a two-bedroom, one-bathroom unit on the ground level, rented for $1,100 per month, providing ample space for family, friends, and guests. The LH-2 Zoning District permits multi-family, low-rise, and mid-rise residential buildings, along with opportunities for restaurants, bars, non-casino hotels, townhouses, and other uses. This is truly a rare opportunity that may not come around again.
| Total Rooms | |
| Full Bath | 0 |
| # of Stories | |
| Year Build | |
| Lot Size | |
| Tax | 5903.00 |
| SQFT |
| OutsideFeatures | Curbs, Deck, Porch, Sidewalks |
| OtherRooms | Den/TV Room, Dining Area, Kitchen, Living Room, Pantry |
| Heating | Baseboard, Gas-Natural |
| HotWater | Gas |
| Sewer | Public Sewer |
| Bedrooms | 0 |
| Half Bath | 0 |
| # of Stories | |
| Lot Dimensions | |
| # Units | Duplex |
| Tax Year | 2024 |
| Area | Atlantic City |
| ParkingGarage | None |
| Basement | 6 Ft. or More Head Room |
| Cooling | Window Units |
| Water | Public |
