Incredible Investment Opportunity – Perfect for Airbnb, Long-Term Rental, or First-Time Homebuyers! Nestled in the sought-after Chelsea Heights neighborhood, this elevated 3-bedroom, 1.5-bath home is packed with potential—whether you’re seeking a primary residence, vacation rental income, or a profitable long-term investment. Property Highlights: Gleaming hardwood floors throughout Spacious fenced yard… Read More ideal for entertaining or relaxing outdoors Large side deck off the kitchen for additional outdoor living space Raised post-Hurricane Sandy with a ground level offering 6-foot ceilings—great for storage or future expansion New HVAC system, two driveways, and three decks Prime location—just minutes from Atlantic City beaches, boardwalk, casinos, restaurants, and outlet shopping Financial Incentives: May qualify for up to 10% down payment and $5,000 in closing cost assistance through the Atlantic County Improvement Authority Additional city and state grants of up to $50,000 may be available for eligible buyers Airbnb potential: Estimated nightly rates of $200–$300 with high occupancy in the area Long-term rental income: Average monthly rents of $2,800–$3,100, yielding an attractive cap rate of approximately 11.34% All within walking distance to parks and recreation, and just a short drive to all the best Atlantic City has to offer. ? Whether you're starting out or scaling up, this beautifully updated home is a rare find with outstanding income potential. ?? Schedule your private tour today! Read Less
Courtesy of BHHS FOX and ROACH-Northfield.
Listing Snapshot
Days Online
103
Last Updated
Property Type
Single Family
Beds
3
Full Baths
1
Partial Baths
1
MLS Number
591802
30 Days Snapshot Of 08401
$245k
+1%
(avg) sold price
25
-3%
homes sold
109
+4%
(avg) days on market
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Area Map
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