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$894,900
Est. payment /mo
3 Beds
3,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $298
MLS Listing ID 603358
Bedrooms 3
Annual Tax Amount $8,255
Tax Year 2025
Lot Size 3,000 Sqft
Property Sub-Type Triplex
Property Description
Premium Coastal TRIPLEX – Fully Renovated & Turnkey Investment- WITH NO HOA FEES! Welcome to 23 S Little Rock Ave, a fully gutted and remodeled to the stud's triplex in the highly desirable Ventnor City beach district — just steps from the Atlantic shoreline. Situated in one of the shore's most coveted locations, this beautifully updated income property combines exceptional rental potential, neutral designer finishes throughout, and easy beach access, making it ideal for investors or owner-occupants alike. Each 2 bedroom/2bathroom unit has been thoughtfully renovated with a fresh, neutral palette and modern systems, maximizing appeal for long-term tenants or short-term rentals. The functional layout and high-end finishes ensure effortless management and strong marketability in Ventnor's high-demand rental environment. Property Highlights Prime Beach Proximity: Just a short walk to Ventnor's pristine beaches, boardwalk, dining, and entertainment — a major draw for renters and vacationers alike. Renovated to the Studs: Complete interior overhaul with new finishes, fixtures, and modern designs — ready for immediate occupancy. Neutral & Timeless Interiors: Light, bright, and versatile finishes appeal to a broad renter pool. Mixed Occupancy Status: Currently one unit owner-occupied, one with a yearly tenant, and one vacant — offering flexibility for owner use or leasing. Strong Rental Upside: Excellent potential for income growth; previously leased units demonstrate solid baseline returns, with room to optimize rents given the property's upgraded condition and unbeatable location. Triplex Configuration: Spacious units offering 2 bedrooms and 2 full baths — each with their own full-size washer and dryer as well. This is perfect for families, professionals, or group stays. Whether you're looking to live in one unit and rent the others, maximize investment income, or explore vacation rental opportunities (subject to local regulations), this turnkey property offers rare value in a beach-centric market.
Location
State NJ
County Atlantic
Community Ventnor
Area Ventnor City
Location Details Beach Block
Rooms
Other Rooms Den/TV Room, Dining Area, Eat In Kitchen, Kitchen, Laundry/Utility Rm
Basement Crawl Space
Interior
Heating Electric, Forced Air
Exterior
Exterior Feature Concrete, Masonry/Block, Vinyl
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
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Listed by LPT Realty
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