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112 S Raleigh Ave, 
Atlantic City, NJ 08401

$1,350,000


Bed


Bath


5,385

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Mary Lou Ferry Wimmer

Andi Sinderbrand

Farley And Ferry Realty, Inc

609-822-1836

Last updated:

March 6, 2026, 04:00 PM

MLS#

605291

Source:

NJ SJSRMLS

About This Home

112 S Raleigh Ave

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 spans 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, offering a seamless transition. Being truly turnkey, the property is offered fully furnished. Beach block. Legal triplex. Ocean views. Proven income. Endless possibilities.

Home Facts

Multi-Family

Price Summary

1,350,000

$250 per Sq. Ft.

MLS #:

605291

Last Updated:

March 6, 2026, 04:00 PM

Added:

10 day(s) ago


Rooms & Interior

Interior

Living Area:

5,385 Sq. Ft.


Structure

Structure

Building Area:

5,385 Sq. Ft.


Finances & Disclosures

Finances

Price:

$1,350,000

Price per Sq. Ft:

$250 per Sq. Ft.

Source:NJ SJSRMLS
The information being provided by South Jersey Shore Regional Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 South Jersey Shore Regional Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.