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205 S Vermont Ave, Atlantic City, NJ 08401

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Listing Type
Multi Family
Listing Status
active
13
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$554,900

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Home Details for 205 S Vermont Ave
Price
$554,900
Type
Multi Family
Bedrooms
6
Sq. Ft.
2312
County
Atlantic
Tax
$5,903
MLS®️ Listing#
596817
On exitrealty.com
171 days
Property Description
**Listing Attention:** This property presents a unique opportunity to own a beautiful duplex in a prime beach block location. You can either develop a trophy property with stunning panoramic waterfront views or retain the existing structure and upgrade it for substantial income through Airbnb rentals. This property is legally zoned as a duplex, allowing for extra income generation. You can occupy one unit while renting out the other or capitalize on the booming Airbnb market. Positioned just a short walk from the renowned Atlantic City beach, this home is an ideal rental property for both vacationers and long-term tenants. The property features six generously sized bedrooms and two bathrooms in the upper unit, currently rented for $1,500 per month, which is well below current market value, and a two-bedroom, one-bathroom unit on the ground level, rented for $1,100 per month, providing ample space for family, friends, and guests. The LH-2 Zoning District permits multi-family, low-rise, and mid-rise residential buildings, along with opportunities for restaurants, bars, non-casino hotels, townhouses, and other uses. This is truly a rare opportunity that may not come around again.
Property Features
Listing Courtesy: BHHS FOX and ROACH-Northfield
mls_icon The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the South Jersey Shore Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2025 South Jersey Shore Regional MLS. All Rights Reserved.
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Market statistics compiled from data from South Jersey Shore Regional MLS.
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EXIT D'AGOSTINO AGENCY REAL ESTATE
105 N White Horse Pike, Hammonton, NJ 08037
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$554,900

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EXIT D'AGOSTINO AGENCY REAL ESTATE
105 N White Horse Pike, Hammonton, NJ 08037
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