Multi-Family

203 South Carolina Ave, Atlantic City

$359,995

Property Details Property Details
Legal Quadplex!! INVESTOR ALERT - 12% Cap rate! Ground floor commercial space was recently leased out to new tenants on November 1st 2025. The second floor one bdrm apartment is leased out via Section 8 and big enough for a 3 person max limit on the CO by the city, the top two floors are currently vacant. The 3bdrm apartment is big enough for 7 people on the CO from the city. The residential units have open floor plans with plenty of natural sunlight from all the windows & nice panoramic views of the city all around the apartment. They feature gas cooking, Vynil Plank flooring throughout, and natural gas hot water baseboard heating. Located in close vicinity to City Hall, Tanger Outlets shopping, All Casinos including Tropicana and Ceasers Wild Wild West, 5 Star Dining, World Class Nightlife, Jersey Shore Beaches, World Famous Baordwalk, and the Atlantic Ocean! Close to Absecon Lighthouse, Gardners Basin, Back Bay Ale House, Gilchrest, AC Aquarium, Fishing Jettys & Peirs, Showboat & Waterpark, Borgata, Harrahs, Ocean Casino, Hardrock & Steel Peir, Resorts & Margaritaville, Golden Nugget & Farley Marina, the Little Water Distillery, Axe Throwing, and Seed Brewery! Street Parking Only. Convert back to the 4 unit and make an additiona $8000 P/Y or more!!

This listing is provided courtesy of WEICHERT REALTORS ASBURY GROUP-AC


Bedroom bedrooms

  • MLS #: 606047
  • Status: Active
  • Address: 203 South Carolina Ave, Atlantic City, NJ 08401
  • Date Listed: 3/26/2026
  • Days on Market: 46

Amenities Amenities
  • Gas Stove
  • Refrigerator
  • Self Cleaning Oven

Location Location

Interior Features Interior Features
  • Heat System: Baseboard, Gas-Natural, Hot Water

Exterior Features Exterior Features
  • Parking: Three or More Cars
  • Exterior: Brick, Stucco, Vinyl

Additional Features Additional Features
  • County: Atlantic
  • Property Type: 4 - 10 Units
  • Waterfront Features: No
  • Water/Sewer: Public
  • Lot Number: 6
  • Block Number: 406
  • For Sale / Lease: For Sale
  • Taxes: 5658
  • 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.