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$ 849,999
Est. payment | /mo
7 Beds
5 Baths
$ 849,999
Est. payment | /mo
7 Beds
5 Baths
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 604543
Style 2 Story
Bedrooms 7
Full Baths 5
Annual Tax Amount $11,702
Tax Year 2025
Property Sub-Type Single Family
Property Description
Exceptional fully renovated multiplex located at 3 S Montpelier Ave in the desirable University District/Chelsea section of Atlantic City This versatile property offers three separate units consisting of one 3-bedroom/2-bath, one 2-bedroom/2-bath, and one 2-bedroom/1-bath residence. The building features multiple interior and exterior entrances, allowing for a variety of uses including multi-family living, owner-occupied with rental income, short-term rental (Airbnb), live/work space, or conversion to a single-family home. Property is zoned for commercial use, making it ideal for a professional office, business operation, or mixed-use opportunity. Additional highlights include off-street parking for 6 vehicles (3-car driveway plus rear parking pad), a detached garage, and a welcoming front porch. Major improvements include all-new HVAC systems, new windows, and comprehensive interior renovations throughout—truly a turnkey investment. Prime location just steps to the Atlantic City Boardwalk, beach, casinos, restaurants, and entertainment, with easy off-island access via the Albany Avenue Bridge. A rare opportunity to own a highly flexible, income-producing property in one of Atlantic City's most walkable and sought-after neighborhoods.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Rooms
Basement Inside Entrance, Unfinished
Interior
Heating Gas-Natural, Radiator
Flooring Hardwood, Tile
Exterior
Exterior Feature Stucco
Parking Features Detached Garage, See Remarks
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by MARKETPLACE REALTY
Nearby Locations
Scott Zielinski
Team Leader - Realtor® Associate | License ID: 1645364
+1(856) 264-8671 | scott@zhomesrealestate.com