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8 N Montpelier AvenueAtlantic City, NJ 08401Price: $800,000

  • Price: $800,000
  • Est. Mortgage of $/month
  • 15 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.76% last updated on May 8, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $800,000List Price
  • 8Building Number
  • N Montpelier AvenueStreet
  • Atlantic CityTown
  • NJState
  • 08401Zip
  • ActiveStatus

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Investor opportunity in the heart of Atlantic City! Welcome to 8 N Montpelier Avenue, a fully occupied, income-producing triplex with an additional rooming house setup, located just 2.5 blocks from the beach. The property features one 3-bedroom, 1-bath unit, two 2-bedroom, 1-bath units, and a rooming area consisting of six rentable rooms. The rooming house is supported by two shared full bathrooms, with one room offering a private half bath. Some units have already been rehabbed, providing added value and upside potential. Each apartment pays its own utilities, while the owner is responsible only for the utilities in the rooming area. Tenants enjoy shared outdoor spaces including a back deck and patioĆ¢ā‚¬ā€perfect for relaxation or entertaining. With 100% occupancy and an annual income/expense sheet available upon request, this property is ideal for a savvy investor looking to step into a turn-key opportunity in a prime location near the beach and boardwalk.

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Listed by Michael Marotta of KELLER WILLIAMS REALTY JERSEY SHORE-Margate

 "Based on information submitted to South Jersey Shore Regional MLS as of May 16, 2025 3:34 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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