For Sale 55 Kingston Ave, Atlantic City, NJ, 08401

Introducing a prime CRE opportunity in Atlantic City\'s Chelsea Heights: a lucrative 6-unit apartment building that\'s a true money maker! This property features an ultra-luxurious 2-bedroom unit currently rented out via Airbnb, generating an impressive $30,000 in less than a year of operation. With its stellar 5-star reviews, the potential for revenue growth is sky-high. Plus, imagine indulging in this swanky pad as your very own owner\'s unit or vacation getaway! Of the remaining units, three have been recently renovated to modern standards, while the two others are clean and solid, offering the perfect canvas for renovation to further increase rents. All units are currently leased below market rates, making this an exceptional value-add investment opportunity. Nestled in the desirable Chelsea Heights, the building is conveniently located under two blocks from the beach at Bartram\'s Garden, featuring a beautiful grass area and restrooms. Just a short stroll away, you\'ll find the bay, Stockton College, and the renowned Knife and Fork Inn and Restaurant. And with easy access to all that Atlantic City, Ventnor, Margate, and Longport have to offer, this property is in the heart of it all. Don\'t miss out on this incredible investment opportunity – seize it before someone else does! Agent has financial interest. Owner is RE Licensee

Welcome to beachfront living at Residences at Raleigh in Atlantic City’s historic Chelsea neighborhood! Residences at Raleigh is a collection of (3) luxurious apartments steps from the Atlantic City Boardwalk in the city’s most sought after neighborhood. This spacious 3-family building is comprised of (3) separate oversized, 1,550 SF apartments, features (12) separate bedrooms and (6) bathrooms -- each apartment is 4BR/2BA. The designer kitchen features quartz countertops, stainless steel appliances and a center island. The living room is open concept with plenty of light from the windows with an OCEAN VIEW! The bathrooms are fully renovated and feature an oversized walk in shower OR a shower/tub combo and vanity. Each apartment has its own laundry and HVAC. The property has also been a highly lucrative STR/Airbnb. If you are looking for an enormous, modern, central house with its own unique designer style only minutes from Atlantic City’s best casinos, restaurants and white sandy beaches – look no further! Call today to schedule a showing!

Welcome to beachfront living at Residences at Raleigh in Atlantic City’s historic Chelsea neighborhood! Just steps from the Atlantic City Boardwalk in the city’s most sought after neighborhood, this oversized apartment spans over 1,550 SF and features 4 bedrooms and 2 full bathrooms! The designer kitchen features quartz countertops, stainless steel appliances and a center island. The living room is open concept with plenty of light from the windows with an OCEAN VIEW! The bathrooms are fully renovated and feature an oversized walk in shower OR a shower/tub combo and vanity. This apartment has its own laundry and HVAC. The property has also been a highly lucrative STR/Airbnb. If you are looking for an enormous, modern, central house with its own unique designer style only minutes from Atlantic City’s best casinos, restaurants and white sandy beaches – look no further! Call today to schedule a showing!