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$ 1,150,000
Est. payment | /mo
3 Beds
5.5 Baths
3,590 SqFt
$ 1,150,000
Est. payment | /mo
3 Beds
5.5 Baths
3,590 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,590 sqft
Price per Sqft $320
MLS Listing ID 607595
Bedrooms 3
Full Baths 5
Half Baths 1
Year Built 1910
Annual Tax Amount $14,237
Tax Year 2025
Lot Size 3,590 Sqft
Property Sub-Type Triplex
Property Description
Welcome to 123 S. Berkley Square — a legal triplex on the beach block in Atlantic City's Lower Chelsea neighborhood, bordering Ventnor. This is the kind of opportunity investors wait for: beach block location, immediate income, and room to grow it further. The 1st floor is a 2-bedroom, 1-bath unit occupied by an established annual tenant at $1,850/month. The 2nd floor is a bright 2-bedroom, 2-bath unit, fully renovated and vacant, available for immediate occupancy. The top floor is a standout 4-bedroom, 2.5-bath unit, also fully renovated and vacant, available for immediate occupancy. This gives a buyer three paths: a full three-unit rental, an owner-occupied top unit with two income-producing rentals below, or a seasonal/year-round mix. Upgrades include new kitchens and baths, hardwood flooring throughout the upper units, and recessed lighting. Water views are visible from nearly every level, and the home offers multiple outdoor spaces — porches, decks, balconies, and a rear patio for three-season entertaining — along with oversized, light-filled rooms throughout. The location is just steps to one of the most sought-after stretches of beach and boardwalk on the South Jersey Coast, with Lower Chelsea offering a quieter, more residential pocket while staying close to everything Atlantic City has to offer. Whether you're expanding a portfolio, house hacking, or buying a shore investment that already cash-flows, this one checks the boxes. Some images have been virtually staged.
Location
State NJ
County Atlantic
Community Lower Chelsea
Area Atlantic City
Location Details Beach Block
Rooms
Other Rooms Den/TV Room, Dining Room, Kitchen
Basement Slab
Interior
Heating Forced Air, Gas-Natural
Exterior
Exterior Feature Stucco, Vinyl
Parking Features Two Car, Attached Garage, Heated Garage
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by COLDWELL BANKER ARGUS REAL ESTATE-Northfield
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