17 N Sovereign Ave, Atlantic City, NJ 08401

Property Description

Investment Opportunity in Atlantic City! Welcome to 17 N. Sovereign Avenue, a four-unit multifamily property in Atlantic City’s Chelsea neighborhood. The property features three two-bedroom units and one one-bedroom unit. Three units are currently occupied—two on month-to-month agreements and one with an active one-year lease—and the fourth unit is vacant. Combined monthly rents, including the estimated market rent for the vacant unit, total $6,550. Each unit has separate electric and gas meters, with tenants responsible for their own utilities. There are no common areas. Conveniently located near Stockton University’s Atlantic City campus, the beach and Boardwalk, casinos, shopping, dining, public transportation, and major roadways. Schedule your appointment through Showing Time to explore this investment opportunity. The listing agent must accompany all showings. Contact the listing agent for additional details.