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In-PersonVirtual Tour
$ 1,200,000
Est. payment | /mo
3 Beds
5.5 Baths
3,590 SqFt
$ 1,200,000
Est. payment | /mo
3 Beds
5.5 Baths
3,590 SqFt
Open House
Sat May 09, 11:00am - 1:00pm
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,590 sqft
Price per Sqft $334
MLS Listing ID 607595
Bedrooms 3
Full Baths 5
Half Baths 1
Year Built 1910
Annual Tax Amount $14,237
Tax Year 2025
Lot Size 3,590 Sqft
Property Sub-Type Triplex
Property Description
Welcome to 123 S. Berkley Square — a legal triplex just steps from the beach in Atlantic City's sought-after Lower Chelsea neighborhood, bordering the Ventnor neighborhood. This is the kind of opportunity investors wait for. Beach block location, multiple income streams, and serious upside. Each unit offers its own unique appeal. The first floor features a spacious 2-bedroom, 1-bath layout with an established annual tenant already in place. The second floor is a bright and airy 2-bedroom, 2-bath unit, ready for immediate income optimization. Upstairs, the top-floor unit is a standout 4-bedroom, 2.5-bath space, currently with the first floor unit rented and 2 additional fully renovated units vacant. This offers the opportunity for an owner unit with 2 income producing rental units or a full 3 unit rental option. Whether renting seasonally or year-round, the combination of the valuable home makes sense. Upgrades include new kitchens and baths, hardwood flooring and recessed lighting in the upper units, new hardwood flooring What really sets this property apart is the lifestyle it delivers. Water views from nearly every level, multiple outdoor spaces including porches, decks, balconies, plus a rear patio for 3 season entertaining and spacious oversized light-filled rooms, coastal life-style feel that tenants and guests love. And the location? Just steps to one of the highly sought after stretches of beach and boardwalk on the South Jersey Coast. Lower Chelsea offers that perfect balance—close to everything Atlantic City has to offer, but tucked away in a more residential, upscale pocket. Whether you're looking to expand your portfolio, house hack, or own a high-performing shore investment, this one checks all the boxes.
Location
State NJ
County Atlantic
Community Lower Chelsea
Area Atlantic City
Location Details Beach Block
Rooms
Other Rooms Den/TV Room, Dining Room, Kitchen
Basement Slab
Interior
Heating Forced Air, Gas-Natural
Exterior
Exterior Feature Stucco, Vinyl
Parking Features Two Car, Attached Garage, Heated Garage
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by COLDWELL BANKER ARGUS REAL ESTATE-Northfield
Nearby Locations
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Angela Desch
Broker & Area Leader | Lic# 0226655