18 S Pennsylvania, Atlantic City, NJ 08401

Local realty services provided by:Better Homes and Gardens Real Estate Maturo
18 S Pennsylvania,Atlantic City, NJ 08401
$999,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:daniel levy
Office:real-galloway
MLS#:595117
Source:NJ_SJSRMLS

Price summary

  • Price:$999,000

About this home

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 10.5% 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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Home facts

  • Year built:1930
  • Listing Id #:595117
  • Added:124 day(s) ago
  • Updated:July 16, 2025 at 03:12 PM

Heating and cooling

  • Heating:Gas-Natural, Radiant

Structure and exterior

  • Year built:1930

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$999,000
  • Tax amount:$16,438 (2024)