For Sale 142 Tennessee Ave, Atlantic City, NJ, 08401

A very rare opportunity to own a beachblock property with a long term land lease in place. Land lease tenant is the Super 8 Hotel along with certain parking lots. Lease is NNN and this is a prime investment for a 1031 exchange buyer. The addresses being sold are: 175, 181 and 187 South Tennessee Ave and 140, 142, 150, 154 and 158 South Ocean Avenue. For additional information feel free to call listing agent.

Welcome to your gateway to Atlantic City! This 5-bed/3-bath 2-Family home is the perfect opportunity for an investor or owner occupant looking for a piece of the revitalization in Atlantic City. The property is located along Atlantic City\'s Orange Loop and steps from the world famous Atlantic City Boardwalk and beach. Unit 1 features a newly renovated 1-bed/1-bath apartment and unit 2 offers a spacious 4-bed/2-bath across two levels. Upon entering this 2nd and 3rd floor apartment, you are greeted by the updated kitchen adorned with white shaker style cabinets and butcher block countertops. Upstairs, you\'ll find (3) additional bedrooms, a second bathroom with another walk-in shower. The living room and spacious master bedroom on the top floor feature bay windows, offering an abundance of natural light and a glimpse of the Atlantic Ocean. Whether it\'s the beach, casinos, live entertainment, bars, or restaurants you\'re seeking, 135.5 S Ocean Ave is steps away from it all. Reach out and schedule a tour today!

Investor Alert!!! This multi-family property boasts 24 rooms, including 7 bedrooms, 3 full bathrooms, and 1 half bathroom, making it ideal for diverse living arrangements. Featuring 3 fully equipped kitchens and ample storage space, the property is both practical and versatile. Located on a 3,875-square-foot lot, it stretches between North Tennessee Avenue and North Ocean Avenue, offering convenient dual access. Situated less than a mile from the Atlantic Ocean, residents can enjoy the benefits of coastal living with easy beach access. This property offers incredible potential for rental income, in a spacious multi-family complex perfect for generating cash flow.