About This Home

This 7-bedroom, 5-bathroom multi-family at 1658 W Riverside Dr in Atlantic City, NJ is listed for $799,900. Built in 1930, on a N/A lot.

Key Features

  • Built in 1930
  • Waterfront

Property Details

5 full
1930

Amenities

Waterfront
Listing Description

Turnkey waterfront investment opportunity! This fully renovated triplex offers an exceptional combination of immediate cash flow, modern improvements and rare deep water access. Completely gutted and rebuilt less than 2 years ago, the property is fully occupied by year round tenants, providing stable income from day one.

The building consists of three spacious units: a large one bedroom apartment, a two story four bedroom residence and a two story two bedroom residence. Each unit has been thoughtfully renovated with updated finished and major systems, making this a truly low maintenance addition to any investment portfolio.

Outside, you'll find a brand new dock and pilings capable of accomodating up to three large boats or several smaller vessels creating an incredible waterfront amenity rarely found with multi-family properties. Beyond its current income producing performance, this property offers outstanding long term flexibility.

Continue operating as a fully leased investment, explore the property future short term rental/Airbnb potential (subject to local regulations), or owner occupy one of the units while the remaining apartments help off set your mortgage-an ideal opportunity to enjoy waterfront living while generating rental income.

Whether you are looking to expand your portfolio with a stabilized asset or secure a unique waterfront property with tremendous upside, opportunities like this are few and far between. Property is being sold strictly as is. Buyer is responsible for obtaining the Certificate of Occupancy and any other municipal certifications required for closing.

Monthly Cost Estimate

$4,278/mo

20% down · 6.5% · 30 years

Principal$578
Interest$3,466
Insurance$233

Estimates only. Actual payments may vary.

Location

1658 W Riverside Dr

Atlantic City, NJ 08401

Features & Amenities

Exterior Features

Bay ViewBoat SlipDeck

Property Details

Outdoor Features

Deck

Parking

Offsite

Heating

Natural Gas

Appliances

DishwasherDryerRefrigeratorWasher

Questions & Answers

This 7-bedroom, 5-bathroom multi-family at 1658 W Riverside Dr is listed at $799,900. The estimated monthly payment is $4,278 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, Waterfront. Exterior Features: Bay View, Boat Slip, Deck.

This property is listed by LeaRose Mazurie.

LM

LeaRose Mazurie

Agent at CENTURY 21 ALLIANCE-O1O4J

Listed by CENTURY 21 ALLIANCE-O1O4J · Broker phone: 6093995711 · View on Broker Site

MLS# 609715· Source: South Jersey Shore Regional MLS· 114 days on PropertySimple

Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1658 W Riverside Dr, Atlantic City, NJ 08401

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