Southern New Jersey and Surrounding Areas

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725-27 Arctic Ave
Atlantic City, NJ 08401
MLS# 560097 ID: 74749683
$55,000
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Property Description
1 To 6,000 Sqft - Atlantic City, NJ Side-by-side lots set up for TWO future Townhouses. Owner has spent a good amount of time, effort and money drafting architectural plans with guidance from an Atlantic City attorney. Final approval is the Buyer's responsibility. Each dwelling is laid out to be 3 Bedroom 2.5 Baths with 1,432± SF of total living space on the second and third floors. Ground level is set up for off-street parking. One driveway is accessed via Delaware Avenue and the other from Arctic Avenue creating a nice private space. Great modern layout with new developing amenities in the immediate area such as Gardeners Basin, Little Water Distillery, Baltic Seed Brewery and Westchunk axe throwing. This area is growing organically with easy access in and out of town. Short ride, walk or bike to the AC Casinos, Beach and Boardwalk. Competitive Airbnb and rental market. Existing inventory is extremely tight so to bring a new product to the market will have a built in demand. Renderings available for Marketing & Floor Plan.
Property Features
Status
Days On Market 90 days
Last Updated May 25, 2022
Market Status Available
Description
Property Type Land
Approx. Lot Size .06 Acres
Legal/Financial
Taxes 445 (2021)
Listing Features
Property Type Lots And Land; 1 To 6,000 Sqft
Offered By:
Pulin Jalundhwala
LEVIN COMMERCIAL REAL ESTATE, LLC

Data Provided by South Jersey Shore Regional MLS

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