For Sale 111 Oriental Ave, Atlantic City, NJ, 08401

218 Seaside Ave, Vacant Lot 2590 sq. ft., with potential for parking use for all buildings or to be included in a townhome development site. It can be combined with adjacent lots at 220 and 222 Seaside if purchased together. A total of 3 lots, measuring 7490 sq. ft., can accommodate four four-story townhomes with parking below.  LH-2 Zoning District, zoned for multi-family, low-rise, and mid-rise residential, with opportunities for Restaurants and bars, non-casino hotels, townhouses, and more. Opportunities like this are nearly impossible to find.

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.

FINANCING AVAILABLE 50 PERCENT DOWN owner will finance at 6 percent with ten year balloon note. PRICE REDUCED BY $50,000.00 Great Location. walk to beach and boardwalk. same street as the light house Front yard and rear yard. open porch Qualifications: Broker/Owner....prepares all agreements. prospects must qualify for showings. Must have cash.....with proof of funds.. If financing necessary prospect must have proof of good credit with legitimate mtge prequalification letter BEFORE showings are set up. LOCATION, LOCATION, LOCATION LOCATION.................... CALL FOR APPOINTMENT DETAILS - THIS IS THE ONLY VICTORIAN HOME FOR SALE IN ATLANTIC CITY - Built in 1899 - Call for appointment Property is being sold AS IS!