BEDS0
BATHS
SQUARE FEET3,584
MLS#NJAC2024416
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCHELSEA
SCHOOLATLANTIC CITY SCHOOLS
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central A/C
Fuel Type: Natural Gas
Garage: 2
Heating: Forced Air
Home Style: Transitional
Lot Size: 0.07 Acres
Taxes: $14,236
Year Built: 1910
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Dishwasher, Washer, Stove, Refrigerator, Oven/Range - Electric, Oven/Range - Gas, Microwave, Dryer
Exterior: Street Lights, Sidewalks, Exterior Lighting
Exterior: Frame
Interior: 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
Lot Dimensions: 0.07 Acre(S)
Municipality: ATLANTIC CITY
Sewer: Public Sewer
Structure Type: Detached
Total Garage/Parking Spaces: 2
Two Bedroom Units: 2
Units: 3
Water: Public
Local Schools
School District: ATLANTIC CITY SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Argus Real Estate
Agency Phone: 6096465001
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimate Your Payment
Estimated Payment
$ 4,207.01 per month $2,670.68 Principal & Interest $1,186.33 Property Tax $350.00 Homeowner's InsuranceChange Payment Information
123 S Berkley Square | MLS# NJAC2024416
This multi-family property located at 123 S Berkley Square , Atlantic City, NJ 08401 is currently listed for sale with an asking price of $1,200,000. S Berkley Square is located within the ATLANTIC CITY SCHOOLS school district. Search Atlantic City real estate on www.realtymark.net today.