719 Drexel Ave, Atlantic City, NJ 08401

Local realty services provided by:Better Homes and Gardens Real Estate Maturo
719 Drexel Ave,Atlantic City, NJ 08401
$329,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:sherri lilienfeld
Office:exp realty - montclair
MLS#:598528
Source:NJ_SJSRMLS

Price summary

  • Price:$329,000

About this home

Don’t miss this rare chance to own a cash-flowing duplex on a quiet residential street in Atlantic City. The upstairs unit has been fully renovated and is move-in ready—perfect for top-market rental potential. (Photos reflect the updated 2nd floor.) Stable income: First-floor unit is occupied by a long-term tenant of 7+ years, currently paying $1,450/month. Pro-forma rent for the newly renovated upper unit is $1,700/month, offering strong rental upside. Projected gross annual income: $37,800 Low insurance cost: Just $2,650 annually Property sold As-Is, offering immediate returns with minimal upfront effort. Serious buyers only will be granted access to the 1st floor to respect the current tenant's privacy. The upstairs unit is easy to show—schedule your walk-through today and explore the potential of this high-yield investment.

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Home facts

  • Listing Id #:598528
  • Added:16 day(s) ago
  • Updated:August 09, 2025 at 02:15 PM

Heating and cooling

  • Heating:Gas-Natural

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$329,000
  • Tax amount:$2,123 (2024)