Investor opportunity in the heart of Atlantic City! Welcome to 8 N Montpelier Avenue, a fully occupied, income-producing triplex with an additional rooming house setup, located just 2.5 blocks from the beach. The property features one 3-bedroom, 1-bath unit, two 2-bedroom, 1-bath units, and a rooming area consisting of six rentable rooms. The rooming house is supported by two shared full bathrooms, with one room offering a private half bath. Some units have already been rehabbed, providing added value and upside potential. Each apartment pays its own utilities, while the owner is responsible only for the utilities in the rooming area. Tenants enjoy shared outdoor spaces including a back deck and patio—perfect for relaxation or entertaining. With 100% occupancy and an annual income/expense sheet available upon request, this property is ideal for a savvy investor looking to step into a turn-key opportunity in a prime location near the beach and boardwalk.
For sale
Price cut: $50K (6/16)
$750,000
8 N Montpelier Ave, Atlantic City, NJ 08401
7beds
3baths
--sqft
Est.:
Triplex
Built in ----
-- sqft lot
$721,500 Zestimate®
$--/sqft
$-- HOA
What's special
Shared outdoor spacesBack deck
- 93 days
- on Zillow |
- 194 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: June 16, 2025 at 08:08am
Listed by:
Michael Marotta,
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
Source: SJSRMLS,MLS#: 595807

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
Heating
- Baseboard, Radiant
Cooling
- Ceiling Fan(s), Window Unit(s)
Features
- Has basement: No
- Has fireplace: No
Property
Parking
- Total spaces: 1
- Parking features: Attached Garage
- Has attached garage: Yes
Features
- Patio & porch: Deck
- Fencing: Fenced
- Has view: Yes
- View description: See Remarks
Lot
- Size: 3,036 Square Feet
- Dimensions: 33' x 92'
Details
- Parcel number: 11
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Brick, Vinyl
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Atlantic City
Financial & listing details
- Tax assessed value: $198,000
- Annual tax amount: $7,478
- Date on market: 5/2/2025
- Date available: 05/02/2025
- Road surface type: Sidewalks
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