716 Drexel Ave Atlantic City, NJ 08401
Listing Courtesy of: SOUTH JERSEY SHORE MLS / Listed By: Patricia Bridges, Coldwell Banker Argus Real Estate

  716 Drexel Ave Atlantic City, NJ 08401

Active (10 Days)
$295,000 (USD)
4
BED
2
BATH

Description

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!

MLS #:
607912
Type
Single-Family Home
Year Built
1900
Style
Semi-Det/1/2dbl
Views
No
School District
Atlantic City
County
Atlantic County

Listed By

Patricia Bridges, Coldwell Banker Argus Real Estate
Source
SOUTH JERSEY SHORE MLS
Last checked May 25 2026 at 6:46 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Refrigerator
  • Smoke/Fire Alarm Gas Stove
Heating and Cooling
  • Gas-Natural
  • Radiator
Basement Information
  • Slab
Flooring
  • Tile
  • Laminate Flooring
Exterior Features
  • Brick
Utility Information
  • Utilities: Public
  • Sewer: Public Sewer
Garage
  • None
Parking
  • None
Stories
  • 2
Location
   
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Disclaimer: Copyright 2026 South Jersey Shore MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/24/26 23:46