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112 S Raleigh Ave

Atlantic City, NJ 08401
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Bed 13

Bed

Bath 0

Bath

SqFt5,385

Sqft

Motivated seller!! Exceptional turnkey beach block income-producing triplex. Just the third property from the world-famous beach and Boardwalk in the Lower Chelsea area of Atlantic City, this legal triplex represents the ultimate shore investment opportunity. Ideally positioned near major island entry points, restaurants, casinos, and entertainment, this is prime real estate in the center of it all. Whether you’re searching for a shore property that helps pay for itself or a powerful addition to your investment portfolio, this property delivers impressive versatility and strong income potential. The building features two upper-level units, each offering approximately 1,500 square feet with four bedrooms, two bathrooms, and beautiful ocean views. The spacious first-floor and basement unit s pans two levels and includes five bedrooms and three bathrooms, providing exceptional space and flexibility for large groups or extended stays. With substantial square footage across all three residences, the property has strong rental appeal for both short-term and long-term tenants. In the past few years the property has excellent short term rental history. Updates throughout have been thoughtfully completed to create an elevated and comfortable experience for occupants, enhancing both desirability and revenue performance. The water heater is 1.5 years old, the exterior was updated 5 years ago, the central ac system is 3 years old - each floor has its own mechanicals except the water heater is central. An income and expense summary is available for review, and the current short-term rental management company is willing to continue its partnership with the new owner at a legacy rate of 12.5%, offering a seamless transition. Being truly turnkey, the property is offered fully furnished. Beach block. Legal triplex. Ocean views. Proven income. Endless possibilities.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,199,000

AD Id : 75876048

MLS Id : 605291

Beds : 13

Living Area Size : 5,385

Year Built : --

County : Atlantic

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Feature Features

  • Bedroom Information

    Total beds: 13
  • Interior Features

    Appliances: Dryer, Refrigerator, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Central Air

  • Building Information

    Construction Materials: Stucco Patio And Porch Features: Deck Private Pool: No

  • Listing Price Information

    Listing Price: $1199000

  • Tax Information

    Annual Tax: $28723

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
111 Oriental Ave, Atlantic City, NJ, 08401 $799,000 -- -- 4,620 4,620 SqFt
205 S Vermont Ave, Atlantic City, NJ, 08401 $545,000 6 -- 2,312 2,312 SqFt
104 S Massachusetts Ave, Atlantic City, NJ, 08401 $799,000 -- -- 2,688 2,688 SqFt
711 Adriatic Ave, Atlantic City, NJ, 08401 $309,900 5 -- --
1013 Arctic, Atlantic City, NJ, 08401 $235,000 -- -- --
711 Adriatic Avenue, Atlantic City, NJ, 08401 $309,900 5 -- 1,980 1,980 SqFt
1115 Arctic Ave, Atlantic City, NJ, 08401 $319,000 4 -- --
555 N Maryland Ave, Atlantic City, NJ, 08401 $1,200,000 5 -- 2,730 2,730 SqFt
203 N South Carolina Ave, Atlantic City, NJ, 08401 $359,995 -- -- --
132 N Tennessee Ave, Atlantic City, NJ, 08401 $449,000 8 -- 3,123 3,123 SqFt

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 ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 South Jersey Shore Regional MLS. All Rights Reserved.

ByOwner last updated this listing 06/12/2026 @ 23:55

MLS: 605291 LISTED BY: MARY LOU FERRY WIMMER, FARLEY and FERRY REALTY, INC SOURCE: South Jersey Shore Regional MLS

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