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$379,900
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Key Facts

Type Single Family Residence
Levels Residential
Size 1088 sqft
Garage No
Taxes $5,910
Lot Size 
Approx. Age 1960
Avg. Price Per Sqft $349
MLS® Number NJAC2017780

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Incredible Investment Opportunity – Perfect for Airbnb, Long-Term Rental, or First-Time Homebuyers! Nestled in the sought-after Chelsea Heights neighborhood, this elevated 3-bedroom, 1.5-bath home is packed with potential—whether you’re seeking a primary residence, vacation rental income, or a profitable long-term investment. Property Highlights: Gleaming hardwood floors throughout Spacious fenced yard ideal for entertaining or relaxing outdoors Large side deck off the kitchen for additional outdoor living space Raised post-Hurricane Sandy with a ground level offering 6-foot ceilings—great for storage or future expansion New HVAC system, two driveways, and three decks Prime location—just minutes from Atlantic City beaches, boardwalk, casinos, restaurants, and outlet shopping Financial Incentives: May qualify for up to 10% down payment and $5, 000 in closing cost assistance through the Atlantic County Improvement Authority Additional city and state grants of up to $50, 000 may be available for eligible buyers Airbnb potential: Estimated nightly rates of $200–$300 with high occupancy in the area Long-term rental income: Average monthly rents of $2, 800–$3, 100, yielding an attractive cap rate of approximately 11.34% All within walking distance to parks and recreation, and just a short drive to all the best Atlantic City has to offer. ✨ Whether you're starting out or scaling up, this beautifully updated home is a rare find with outstanding income potential. 📅 Schedule your private tour today!Show Description
MLS® NumberNJAC2017780
Laundry Level
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageNo
Approx. Age1960
BasementSide Entrance
DrivewayDriveway
Garage Spaces
HeatCentral, Natural Gas
A/CCentral A/C, Natural Gas
Heating Fuel

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