$ 1,200,000
-
$1,200,000
Price -
4
Bed -
2
Bath -
3,584
SqFt
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About the Listing ARGUS1 - 3341363
Welcome to 123 S. Berkley Square — a legal triplex just steps from the beach in Atlantic City’s sought-after Lower Chelsea neighborhood, bordering the Ventnor neighborhood. This is the kind of opportunity investors wait for. Beach block location, multiple income streams, and serious upside. Each unit offers its own unique appeal. The first floor features a spacious 2-bedroom, 1-bath layout with an established annual tenant already in place. The second floor is a bright and airy 2-bedroom, 2-bath unit, ready for immediate income optimization. Upstairs, the top-floor unit is a standout 4-bedroom, 2.5-bath space, currently with the first floor unit rented and 2 additional fully renovated units vacant. This offers the opportunity for an owner unit with 2 income producing rental units or a full 3 unit rental option. Whether renting seasonally or year-round, the combination of the valuable home makes sense. Upgrades include new kitchens and baths, hardwood flooring and recessed lighting in the upper units, new hardwood flooring What really sets this property apart is the lifestyle it delivers. Water views from nearly every level, multiple outdoor spaces including porches, decks, balconies, plus a rear patio for 3 season entertaining and spacious oversized light-filled rooms, coastal life-style feel that tenants and guests love. And the location? Just steps to one of the highly sought after stretches of beach and boardwalk on the South Jersey Coast. Lower Chelsea offers that perfect balance—close to everything Atlantic City has to offer, but tucked away in a more residential, upscale pocket. Whether you’re looking to expand your portfolio, house hack, or own a high-performing shore investment, this one checks all the boxes. Some images have been virtually enhanced.
Listing Highlights
Status
Active
Days on Site
11
Property Type
Multi-Family
MLS ®
NJAC2024416
Year Built
1910
Total Square Footage
3,584
Lot/Acreage
0.07
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Dishwasher, Washer, Stove, Refrigerator, Oven/Range - Electric, Oven/Range - Gas, Microwave, Dryer
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3584
- Below Ground Sq Ft: 0
- Basement:
- Other: Built-Ins,Breakfast Area,Combination Dining/Living,Ceiling Fan(s),Combination Kitchen/Dining,Dining Area,Floor Plan - Open,Floor Plan - Traditional,Upgraded Countertops,Recessed Lighting
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 39.00 x 82.50
- Zoning: R-2
- Roof:
- Others: Street Lights,Sidewalks,Exterior Lighting
- Sewer: Public Sewer
- Parking Features: Garage - Front Entry,Inside Access,Attached Garage,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $14,236
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
123 S Berkley Square Atlantic City, NJ 08401
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