716 Drexel Ave, Atlantic City, NJ 08401

Atlantic City
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
716 Drexel Ave,Atlantic City, NJ 08401
$295,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: patricia bridges
Office: coldwell banker argus real estate-northfield
MLS#:607912
Source:NJ_SJSRMLS

Price summary

  • Price:$295,000

About this home

Turnkey Cash Flow Duplex with Guaranteed Income Component! Exceptional investment opportunity featuring an impressive 12%+ gross rental yield and a rock-solid tenant base. Total monthly rent is $2,982, easily passing the coveted 1% rule. Unit 1 features stable, long-term guaranteed income through a local Veteran assistance program ($1,382/mo), while Unit 2 brings in strong market rent at $1,600/mo. Low-maintenance property with major capital expenditures already completed: brand-new roof and completely updated plumbing/pipes. Tenants pay individual gas & electric. Low annual property taxes maximize your net profit from day one. Add this high-performing, hassle-free asset to your portfolio today!

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Home facts

  • Year built:1900
  • Listing ID #:607912
  • Added:43 day(s) ago
  • Updated:June 28, 2026 at 10:30 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:8
  • Flooring:Laminate Flooring, Tile
  • Kitchen Description:Gas Stove, Refrigerator
  • Basement Description:Slab

Heating and cooling

  • Heating:Gas-Natural, Radiator

Structure and exterior

  • Year built:1900
  • Construction Materials:Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$295,000
  • Tax amount:$3,177 (2025)

Features and amenities

  • Appliances:Refrigerator
  • Amenities:Combination, Smoke/Fire Alarm

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