4020 Atlantic Ave

Atlantic City, NJ 08401

LOCATION! LOCATION! LOCATION!Welcome to 4020 Atlantic Avenue, this property is located in the Lower Chelsea section of Atlantic City, New Jersey, steps away from Ventnor. This home's desirable beach block location offers endless possibilities.This historical property is being sold in "as-is" condition with fire damage resulting in the interior now down to the studs. The property is a great investment opportunity for those looking to renovate and bring this diamond in the rough back to life. The interior provides a blank slate for the new owners to customize and renovate to their personal tastes. The property has great potential to be transformed into a stunning family home, rental property, vacation home or someone looking to purchase beach block land for an amazing value!Prior to the fire damage, there were 6 Bedrooms with views of the ocean from two decks. This home is very large and goes from one block to the other. There are three floors and has a basement, which is unusual in Atlantic City. The following work has been done in 2021 after the fire to secure the property: new windows new sliders new front door new roofIt is also a short walk to the boardwalk and beach, located across from the fire department and nearby to shopping, restaurants, and casinos. Minutes to Ventnor. Please refer to the drone photos.This is ideal for experienced investors, contractors, or homebuyers looking for a project. With the right vision and expertise, this property could be transformed into a beautiful home or a profitable investment. Don't miss this opportunity to own a piece of Atlantic City history and create something truly special.Buyers must do their due diligence as they will be responsible for the CO and any costs associated with it. The seller will not make any repairs. Cash or renovation loans only. Sellers inherited this property from their mother in 2023 and have never resided or occupied in the premises.An estimate of repairs is available for review, illustrating the potential scope of renovations and the associated costs for this 'as-is' property."All Showings to be done during the day as there is no electricity or plumbing on the property. Buyers must be accompanied by an agent at all times.