$ 4,550,000
-
$4,550,000
Price -
0
Bed - Bath
-
6,248
SqFt
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About the Listing KWEMPWR - 3192565,3352719
Rare 85-Unit Multifamily Portfolio in the Heart of Atlantic Cit!y! Hunters Commercial is pleased to present 133-37 St James Place — a turnkey, fully occupied 85-unit multifamily investment with significant value-add potential. Situated just blocks from the Atlantic City boardwalk and casino corridor, this offering includes two stabilized buildings plus an additional vacant lot — all on one parcel with dual deeds. Current rents are well below market, presenting an opportunity to increase income by 20%+ through repositioning. With a cap rate of 10.69% and cash-on-cash returns over 10%, this asset is ideal for investors seeking stable cash flow with upside in a high-demand market undergoing active redevelopment. Positioned in one of Atlantic City’s most promising areas, this asset benefits from strong tenant demand, walkability to amenities, and proximity to major redevelopment projects. Whether you’re looking to grow a portfolio or enter a strong secondary market, this property checks all the boxes. Schedule your showing today!
Listing Highlights for 133 133-37 St James Pl
Status
Active With Contingency
Days on Site
132
Property Type
Commercial Sale
MLS ®
NJAC2019406
Year Built
2025
Total Square Footage
6,248
Lot/Acreage
0.07
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Radiant
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 41.66 x 75.00
- Zoning: RS-C
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $25,890
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
133 133-37 St James Pl Atlantic City, NJ 08401
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