Multi-Family

123 Berkley Square, Lower Chelsea

$1,150,000

Property Details Property Details
Welcome to 123 S. Berkley Square a legal triplex on the beach block in Atlantic City's Lower Chelsea neighborhood, bordering Ventnor. This is the kind of opportunity investors wait for: beach block location, immediate income, and room to grow it further. The 1st floor is a 2-bedroom, 1-bath unit occupied by an established annual tenant at $1,850/month. The 2nd floor is a bright 2-bedroom, 2-bath unit, fully renovated and vacant, available for immediate occupancy. The top floor is a standout 4-bedroom, 2.5-bath unit, also fully renovated and vacant, available for immediate occupancy. This gives a buyer three paths: a full three-unit rental, an owner-occupied top unit with two income-producing rentals below, or a seasonal/year-round mix. Upgrades include new kitchens and baths, hardwood flooring throughout the upper units, and recessed lighting. Water views are visible from nearly every level, and the home offers multiple outdoor spaces porches, decks, balconies, and a rear patio for three-season entertaining along with oversized, light-filled rooms throughout. The location is just steps to one of the most sought-after stretches of beach and boardwalk on the South Jersey Coast, with Lower Chelsea offering a quieter, more residential pocket while staying close to everything Atlantic City has to offer. Whether you're expanding a portfolio, house hacking, or buying a shore investment that already cash-flows, this one checks the boxes. Some images have been virtually staged.

This listing is provided courtesy of COLDWELL BANKER ARGUS REAL ESTATE-Northfield


Bedroom bedrooms

  • MLS #: 607595
  • Status: Active
  • Address: 123 Berkley Square, Lower Chelsea, NJ 08401
  • Date Listed: 5/6/2026
  • Days on Market: 136
  • SQFT: 3590

Amenities Amenities
  • Dishwasher
  • Dryer
  • Electric Stove
  • Microwave
  • Refrigerator
  • Washer

Location Location

Interior Features Interior Features
  • Cool System: Ceiling Fan(s), Central, Electric
  • Heat System: Forced Air, Gas-Natural

Exterior Features Exterior Features
  • Parking: Off Site Parking
  • Exterior: Stucco, Vinyl
  • New Construction: No

Additional Features Additional Features
  • County: Atlantic
  • Property Type: Triplex
  • Waterfront Features: No
  • Water/Sewer: Public
  • Year Built: 1910
  • Lot Number: 14
  • Block Number: 7
  • For Sale / Lease: For Sale
  • Taxes: 14237
  • 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.