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About This Home

This 8-bedroom, 3-bathroom residential multi family at 1830 E Riverside Drive in Atlantic City, NJ is listed for $450,000 ($166 per sqft). Built in 1900, the home offers 2,707 sqft of living space on a 0.07 acres lot.

Agent Description

Turnkey waterfront 2-Family Opportunity in the Desirable Chelsea Heights Section of Atlantic City. This fully renovated and move-in ready duplex presents an exceptional investment opportunity with projected returns delivering a 12% cap rate once fully rented.

Both units are currently vacant, giving the new owner the flexibility to set market rents immediately or choose an owner-occupant strategy while leasing the second unit. Each unit offers bright, spacious living areas with updated flooring throughout, fresh neutral paint, and abundant natural light.

The kitchens feature white cabinetry creating a clean and modern feel. Bathrooms are well-maintained with classic tile surrounds and updated finishes. Both units include four bedrooms, providing excellent rental appeal and strong income potential. The layout of both units is functional and inviting, with generous room sizes and multiple windows that enhance the natural light throughout the home.

Located in the residential Chelsea Heights neighborhood of Atlantic City, this property offers a quieter setting while still being minutes from major roadways, waterfront access, casinos, and all that the city has to offer. Whether you're looking to add a high-yield property to your portfolio or occupy one unit while generating income from the other, this fully vacant and turnkey duplex is positioned to produce strong cash flow from day one once leased.

Key Features

  • Built in 1900
  • 0.07 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
2 full, 1 half
1900

Amenities

WaterfrontViewA/C

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

1830 E Riverside Drive

Atlantic City, NJ 08400

Features & Amenities

Exterior Features

Deck

Property Details

Construction

Brick

Views

Water

Pool Features

PatioDeck

Parking

Paved or Surfaced

Heating

Baseboard

Cooling

Multi Units

Questions & Answers

This 8-bedroom, 3-bathroom residential multi family at 1830 E Riverside Drive is listed at $450,000 ($166/sqft). The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.07 acre lot, 2 stories, Waterfront. Exterior Features: Deck.

This property is listed by Philip Rizzo and can be reached at 7326781328 or rizzosellsnj@gmail.com.

PR

Philip Rizzo

Agent at RE/MAX Revolution

(732) 678-1328

Listed by RE/MAX Revolution

MLS# 22604815· Source: listhub· Updated 44 days ago

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

1830 E Riverside Drive, Atlantic City, NJ 08400

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