8 Montpelier, Atlantic City, NJ | MLS # 595807 For Sale

Property Details

Investor opportunity in the heart of Atlantic City! Welcome to 8 N Montpelier Avenue, a fully occupied, income-producing triplex with an additional rooming house setup, located just 2.5 blocks from the beach. The property features one 3-bedroom, 1-bath unit, two 2-bedroom, 1-bath units, and a rooming area consisting of six rentable rooms. The rooming house is supported by two shared full bathrooms, with one room offering a private half bath. Some units have already been rehabbed, providing added value and upside potential. Each apartment pays its own utilities, while the owner is responsible only for the utilities in the rooming area. Tenants enjoy shared outdoor spaces including a back deck and patioperfect for relaxation or entertaining. With 100% occupancy and an annual income/expense sheet available upon request, this property is ideal for a savvy investor looking to step into a turn-key opportunity in a prime location near the beach and boardwalk.

This listing is provided courtesy of KELLER WILLIAMS REALTY JERSEY SHORE-Margate

MLS #: 595807
Status: Active
Address: 8 Montpelier Ave, Atlantic City, NJ 8401
Date Listed: 5/2/2025
Days on Market: 15

Location

Interior Features

Cool System: Ceiling Fan(s), Window Units
Heat System: Baseboard, Radiator

Exterior Features

Parking: One Car
Exterior: Brick, Vinyl

Additional Features

County: Atlantic
Property Type: Triplex
Waterfront Features: No
Water/Sewer: Public
Lot Number: 11
Block Number: 263
For Sale / Lease: For Sale
Taxes: 7478
3rd Party Approval: No

Disclaimer:The data relating to real estate for sale on this website comes in part from both the Broker Reciprocity Program of the South Jersey Shore Regional MLS and/or the Cape May County MLS, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms. The brokers providing these listings advise interested parties to do their due diligence before relying on this information in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. All information deemed reliable, but not guaranteed. All properties are subject to change.

8 Montpelier Ave, Atlantic City