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Duplex Income Property with Two Units

205 S Vermont Ave Atlantic City, NJ 08401

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For Sale
$540,000

MULTI_FAMILY - Atlantic City, NJ

Added:
May 31, 2025
Days on Market:
406
Last Refresh:
Jul 10 at 9:06 pm

Property Features for 205 S Vermont Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Den, Bedroom 2, Bedroom 1, Bedroom 6, Bedroom 3, Bedroom 4, Dining Room, Bedroom 5, Bathroom 1, Bathroom 2
Parking features
Offsite
Patio and Porch features
Porch, Deck
Exterior features
Curbs, Deck, Porch, Sidewalks
Appliances
Gas Stove, Refrigerator
Standard status
Active

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
5903

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard
Cooling system
Window Unit(s)
Water source
Public
Water front
1

Building Details

Number of units
2

Listing agent GORAN CEDEVSKI License #1755689

Listing office BHHS FOX and ROACH-Northfield 1001 TILTON RD, NJ

Listing date May 31, 2025

MLS# 596817 Listing URL

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.


Investment Insights

Based on property information with market context.

This legally zoned duplex offers two separate residential units. The upper unit features six bedrooms and two bathrooms and is currently rented. The ground-level unit includes two bedrooms and one bathroom and is also currently rented.

The property is described as being on a beach block with the Atlantic City beach a short walk away.

The property is zoned LH-2, which the listing states permits multi-family, low-rise, and mid-rise residential buildings, along with opportunities for restaurants, bars, non-casino hotels, townhouses, and other uses. The current layout supports an owner-occupy or rental-income configuration with both units in place.

Key Highlights

  • Legally zoned duplex with LH‑2 zoning (permits multi‑family, low‑rise and mid‑rise residential uses)
  • Two rental units: upper unit with 6 bedrooms and 2 bathrooms (currently rented for $1,500/month)
  • Ground‑level unit: 2 bedrooms and 1 bathroom (currently rented for $1,100/month)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store (Bike/Boat/Book/etc) Store Garden Center Storage Facility Skin Care Clinic Butcher Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with two rented units, including a 6-bedroom upper unit and a 2-bedroom ground-level unit.
Where is this duplex located?
The property is located at 205 S Vermont Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Legally zoned duplex with LH‑2 zoning (permits multi‑family, low‑rise and mid‑rise residential uses); Two rental units: upper unit with 6 bedrooms and 2 bathrooms (currently rented for $1,500/month); Ground‑level unit: 2 bedrooms and 1 bathroom (currently rented for $1,100/month)
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