244469280948577
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 (36 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 Jun 21 2026 at 12:39 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 6/20/26 17:39