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Ad #8028323
MLS #606047
Listing photo

Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex

203 N S Carolina Ave, Atlantic City, New Jersey, 08401
$350,000
--Beds
--Baths
--Sqft
--Acres

About this property

Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex with the rights to ass or make into a fourth unit!! The commercial space is currently vacant. The second floor one bdrm apartment is leased out via Section 8 and big enough for a 3 person max limit on the CO by the city, the top two floors are currently vacant. The 3bdrm apartment is big enough for 7 people on the CO from the city. The residential units have open floor plans with plenty of natural sunlight from all the windows & nice panoramic views of the city all around the apartment. They feature gas cooking, Vynil Plank flooring throughout, and natural gas hot water baseboard heating. Located in close vicinity to City Hall, Tanger Outlets shopping, All Casinos including Tropicana and Ceasers Wild Wild West, 5 Star Dining, World Class Nightlife, Jersey Shore Beaches, World Famous Baordwalk, and the Atlantic Ocean! Close to Absecon Lighthouse, Gardners Basin, Back Bay Ale House, Gilchrest, AC Aquarium, Fishing Jettys & Peirs, Showboat & Waterpark, Borgata, Harrahs, Ocean Casino, Hardrock & Steel Peir, Resorts & Margaritaville, Golden Nugget & Farley Marina, the Little Water Distillery, Axe Throwing, and Seed Brewery! Street Parking Only. Convert back to the 4 unit and make an additiona $8000 P/Y or more!!

Property Features

0 Beds
0 Baths
0 Sqft
0 Acres
Natural Gas, Hot Water(Heating), Baseboard
$5,658 / yr property tax
Atlantic County

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

GERARD (Jerry) BARKER

WEICHERT REALTORS ASBURY GROUP-AC

609-481-7745

Location

Map
Listing Agent: GERARD (Jerry) BARKER 609-481-7745
Broker: WEICHERT REALTORS ASBURY GROUP-AC 609-344-6200 Listing Site
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.
BeachHouse.com
Printed Jul 24, 2026

Photo Gallery

Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 1
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 2
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 3
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 4
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 5
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 6
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 7
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 8
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 9
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 10
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 11
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 12
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 13
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 14
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 15
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 16
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 17
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 18
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 19
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 20
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 21
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 22
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 23
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 24
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 25
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 26
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 27

$350,000

--
Beds
--
Baths
--
Sqft

203 N S Carolina Ave, Atlantic City, New Jersey, 08401

By contacting this agent you agree to these Terms and Conditions.
Home New Jersey Atlantic City
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 1
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 2
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 3
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 4
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex - photo 5
MLS# 606047
Lot For Sale

Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex

$350,000

203 N S Carolina Ave, Atlantic City, New Jersey, 08401

--
Beds
--
Baths
--
Sqft
--
Acres
$350,000
203 N S Carolina Ave, Atlantic City, New Jersey, 08401
-- Beds
-- Baths
-- Sqft
-- Acres
Legal QuadPlex - INVESTOR ALERT - 13% Cap rate on this Triplex with the rights to ass or make into a fourth unit!! The commercial space is currently vacant. The second floor one bdrm apartment is leased out via Section 8 and big enough for a 3 person max limit on the CO by the city, the top two floors are currently vacant. The 3bdrm apartment is big enough for 7 people on the CO from the city. The residential units have open floor plans with plenty of natural sunlight from all the windows & nice panoramic views of the city all around the apartment. They feature gas cooking, Vynil Plank flooring throughout, and natural gas hot water baseboard heating. Located in close vicinity to City Hall, Tanger Outlets shopping, All Casinos including Tropicana and Ceasers Wild Wild West, 5 Star Dining, World Class Nightlife, Jersey Shore Beaches, World Famous Baordwalk, and the Atlantic Ocean! Close to Absecon Lighthouse, Gardners Basin, Back Bay Ale House, Gilchrest, AC Aquarium, Fishing Jettys & Peirs, Showboat & Waterpark, Borgata, Harrahs, Ocean Casino, Hardrock & Steel Peir, Resorts & Margaritaville, Golden Nugget & Farley Marina, the Little Water Distillery, Axe Throwing, and Seed Brewery! Street Parking Only. Convert back to the 4 unit and make an additiona $8000 P/Y or more!!
42 days
on BeachHouse.com
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Property Details

HOME DETAILS

0 Beds
0 Baths
0 Sqft
0 Acres

INTERIOR

Natural Gas, Hot Water(Heating), Baseboard

FINANCIAL & COMMUNITY

$5,658 / yr property tax
Atlantic County
See More Details

Location

Map
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Ad Statistics

Ad Number
8028323
Viewed
31 times
Listing Status
Active
Added
Jun 12, 2026
Last Refresh
Jul 24, 2026 04:01:17 PM

Listing Information

Data Source
South Jersey Shore Regional MLS
Source Property ID
606047
Listing Agent: GERARD (Jerry) BARKER 609-481-7745
Broker: WEICHERT REALTORS ASBURY GROUP-AC 609-344-6200 Listing Site
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.

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Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 BeachHouse.com
Part of Dream Home Network, Inc.
Last updated on 2026.07.24
Terms & Policy