20 S Bellevue Ave
Atlantic City, NJ 08401

  • – beds
  • – baths
  • – sqft

This is a great investment opportunity for a recently renovated multi-property that was made available a few months before the tenants moved in. It is a four-unit building that is currently 100% occupied. There is one four-bedroom unit, one two-bedroom unit, and two one-bedroom units, all with separate electric meters. The tenants are great and have been keeping up-to-date with their rent payments. The location is superb, with easy access to dining, shopping, and cultural centers that provide all necessary amenities within reach. The property is also conveniently located just a block away from the famous casinos and beaches of Atlantic City. It is being sold "As Is" and has a gross income of $6,050 per month. The property has been appraised for $460,000 in its current condition, and the appraisal report is attached in the MLS documents. Please note that showings are available by appointment only. To schedule a showing, kindly contact the listing agent.

South Jersey Shore Regional logo Listing courtesy of SJSRMLS / BHHS FOX and ROACH-Northfield

Last checked: Checking… • Last updated Apr 9, 2024 •

MLS# 584003 —

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Sale history

Date Event Source Price % Change
4/9/24
Listed / Active SJSRMLS $439,000 86.8%
10/18/23
SJSRMLS $235,000 -27.7%
3/8/23
SJSRMLS $325,000

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Multifamily For Sale

$439,000

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This multifamily located in Chelsea, Atlantic City, NJ 08401 is currently for sale for $439,000. 20 S Bellevue Ave is a – square foot multifamily with – beds and – baths. 20 S Bellevue Ave is in the Chelsea neighborhood of Atlantic City and has a WalkScore® of 93, making it a walker’s paradise. This multifamily is in the attendance area of Texas Avenue School, Atlantic City High School East Campus, and Atlantic City High School.

South Jersey Shore Regional logo Listing Courtesy of: SJSRMLS and BHHS FOX and ROACH-Northfield.

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