203 N South Carolina Ave, Atlantic City, NJ 08401
203 N South Carolina Ave, Atlantic City, NJ 08401
203 N South Carolina Ave, Atlantic City, NJ 08401
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$385,000
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203 N South Carolina Ave Atlantic City, NJ 08401

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Vince Capriotti

Vince Capriotti

+1(609) 923-1065

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 - 10 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 606047

Annual Tax Amount $5,658

Tax Year 2026

Property Sub-Type 4 - 10 Units

Property Description

Legal Quadplex!! INVESTOR ALERT - 12% Cap rate! Ground floor commercial space was recently leased out to new tenants on November 1st 2025. The second floor one bdrm apartment is leased out via Section 8 and big enough for a 3 person max limit on the CO by the city, the top two floors are currently vacant. The 3bdrm apartment is big enough for 7 people on the CO from the city. The residential units have open floor plans with plenty of natural sunlight from all the windows & nice panoramic views of the city all around the apartment. They feature gas cooking, Vynil Plank flooring throughout, and natural gas hot water baseboard heating. Located in close vicinity to City Hall, Tanger Outlets shopping, All Casinos including Tropicana and Ceasers Wild Wild West, 5 Star Dining, World Class Nightlife, Jersey Shore Beaches, World Famous Baordwalk, and the Atlantic Ocean! Close to Absecon Lighthouse, Gardners Basin, Back Bay Ale House, Gilchrest, AC Aquarium, Fishing Jettys & Peirs, Showboat & Waterpark, Borgata, Harrahs, Ocean Casino, Hardrock & Steel Peir, Resorts & Margaritaville, Golden Nugget & Farley Marina, the Little Water Distillery, Axe Throwing, and Seed Brewery! Street Parking Only. Convert back to the 4 unit and make an additiona $8000 P/Y or more!!

Location

State NJ

County Atlantic

Community Atlantic City

Area Atlantic City

Location Details Boardwalk Area

Interior

Heating Baseboard, Gas-Natural, Hot Water

Exterior

Exterior Feature Brick, Stucco, Vinyl

Parking Features None

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

South Jersey Shore Regional MLS (SJSRMLS)
Listed by WEICHERT REALTORS ASBURY GROUP-AC

NEARBY SCHOOL & BUSINESS

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Vince Capriotti

Vince Capriotti

Agent | License ID: 1753769

+1(609) 923-1065

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203 N South Carolina Ave

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