Residential

716 Drexel Ave, Atlantic City

$295,000

Property Details Property Details
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!

This listing is provided courtesy of COLDWELL BANKER ARGUS REAL ESTATE-Northfield


Bedroom 4 bedrooms
Bathroom 2 baths

  • MLS #: 607912
  • Status: Active
  • Address: 716 Drexel Ave, Atlantic City, NJ 08401
  • Date Listed: 5/15/2026
  • Days on Market: 1

Amenities Amenities
  • Gas Stove
  • Refrigerator

Location Location

Interior Features Interior Features
  • Heat System: Gas-Natural, Radiator
  • Floors: Laminate Flooring, Tile
  • Rooms: Smoke/Fire Alarm

Exterior Features Exterior Features
  • Parking: None
  • Siding: Brick
  • New Construction: No

Additional Features Additional Features
  • County: Atlantic
  • Property Type: Single Family
  • Waterfront Features: No
  • Water/Sewer: Public
  • Year Built: 1900
  • Lot Number: 7
  • Block Number: 433
  • For Sale / Lease: For Sale
  • Taxes: 3177
  • 3rd Party Approval: No

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