811 Baltic Ave, Atlantic City

Development Opportunity in Atlantic City RM-2 Zoning | Income-Producing Portfolio with Approved Project and Build-able Lots An exceptional development opportunity in Atlantic City, located in an RM-2 zoning district and offering both current rental income and future development potential. The portfolio includes three buildings and three additional develop-able lots, with the option to purchase the entire package or individual properties. 819821 Baltic Avenue consists of two occupied, income-producing buildings with five total rental units. 819 Baltic contains two one-bedroom, one-bathroom units, while 821 Baltic contains three two-bedroom, one-bathroom units. All units are currently rented, providing immediate income. 811 Baltic Avenue is an approved, started development project with permitted and approved plans, offering a buyer the opportunity to continue an already-approved construction project. The sale also includes three build-able lots, providing additional development potential in the RM-2 zone. This offering may be purchased as a complete package or separately, making it ideal for investors, developers, or buyers seeking a combination of existing income and future growth. Buyer to independently verify all zoning, permitted uses, development potential, permits, approved plans, rental income, and property details with the City of Atlantic City.

This listing is provided courtesy of KELLER WILLIAMS REALTY ATLANTIC SHORE-Little Egg Harbor