Average square foot calculated using Size range provided by listing agent.
Description
Income-Producing Triplex – $499, 000 Investor special or perfect house-hack opportunity! Welcome to 36 N Florida Ave, a spacious triplex in the heart of Atlantic City offering immediate income and long-term upside. This property features: Two 2-Bedroom, 1-Bath Units – both currently rented at $1, 700/month, bringing in $3, 400/month combined. One 4-Bedroom, 1-Bath Unit – currently vacant, with conservative rental potential of $2, 200/month. That’s a total gross rental potential of $5, 600/month or $67, 200/year once fully occupied. Live in the vacant 4-bedroom unit and offset your mortgage with $3, 400/month in rental income from the other two units — or rent all three for strong cashflow in a growing market. Property is being sold strictly AS-IS, with the buyer responsible for the Certificate of Occupancy and all municipal requirements. With a listing price of just $499, 000, this is a rare chance to secure a triplex with solid income, value-add potential, and a path to long-term wealth. Located just minutes from the beach, boardwalk, casinos, and public transportation, this property checks all the boxes for investors and owner-occupants alike. Don’t miss your shot at owning a high-yield asset in one of Atlantic City’s most promising neighborhoods. Book your appointment today!Show Description