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18 S Pennsylvania

Atlantic City, NJ 08401
  • $1,099,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 595117
New On Site 6 Days Ago
UPDATED: 82 min ago
$1,099,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Description

10-unit mixed-use building located just half a block from the Hard Rock Hotel & Casino and only 1.5 blocks to the beach and the world-famous Atlantic City Boardwalk! This investment opportunity offers a current 9.75% cap rate and includes a large ground-floor commercial space, currently leased to a restaurant, with separate gas and electric meters. The building also features nine residential units, each with individual electric meters. Income and expense details are available to qualified buyers. The property is ideally situated within walking distance to major attractions including all local casinos, restaurant, hospital, marina and more. With consistent occupancy and unbeatable proximity to beaches, fishing piers, jettys, and entertainment, this building offers a strong investment to investors in the heart of Atlantic City.

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© 2025 South Jersey Shore Regional MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dwyer Group | Goldcoast Sotheby's International Realty. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2025-04-18T06:50:17.787.
www.dwyergrouprealestate.com/homes/162493232
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18 S Pennsylvania Atlantic City, NJ 08401

  • Price: $1,099,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 82 min ago
  • MLS #: 595117
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1930
Built
Neighborhood:
Atlantic City
County:
Atlantic
Area:
Atlantic City
Property Description
10-unit mixed-use building located just half a block from the Hard Rock Hotel & Casino and only 1.5 blocks to the beach and the world-famous Atlantic City Boardwalk! This investment opportunity offers a current 9.75% cap rate and includes a large ground-floor commercial space, currently leased to a restaurant, with separate gas and electric meters. The building also features nine residential units, each with individual electric meters. Income and expense details are available to qualified buyers. The property is ideally situated within walking distance to major attractions including all local casinos, restaurant, hospital, marina and more. With consistent occupancy and unbeatable proximity to beaches, fishing piers, jettys, and entertainment, this building offers a strong investment to investors in the heart of Atlantic City.
Exterior Features

Garage None Lot Dimensions 40x90 Parking None Waterfront YN No

Interior Features

Heating Gas-NaturalRadiant

Property Features

Adult Community /55+ No Approved Short Sale No Auction YN No Bank Owned Foreclosure No Estate YN No Lot Number 5 May Be Subject To Third Party Approval Short Sale No Multifamily Type 4 - 10 Units Number Of Efficiency Units 3 Number Of1 Bedroom Units 5 Number Of2 Bedroom Units 1 Sale Or Rent For Sale Sewer Public Sewer Tax Year 2024 Taxes 16438 Water Public

South Jersey Shore Regional MLS logo Listing information © 2025 South Jersey Shore Regional MLS.
Listing provided courtesy of REAL-GALLOWAY: .


© 2025 South Jersey Shore Regional MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dwyer Group | Goldcoast Sotheby's International Realty. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2025-04-18T06:50:17.787.
 
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The Dwyer Group | Goldcoast Sotheby's International Realty
200 34th Street
Ocean City NJ, 08226