Active

716 Drexel Ave

Atlantic City, NJ 08401

$295,000 $1,243/Mo

Get Pre-Approved Check your credit

Overview

Bed

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!

Property Details

Property Type : Residential

Price : $295,000

AD Id : 78790602

MLS Id : 607912

Beds : 4

Year Built : 1900

County : Atlantic

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Full Baths: 2

Room Information

Rooms Total: 8
Flooring Information

Laminate, Tile
Interior Features

Eat-in Kitchen Appliances: Refrigerator, Gas Cooktop
Heating & Cooling

Has Heating: Yes Heating: Hot Water, Radiant, Natural Gas

Building Information

Year Built: 1900 Construction Materials: Brick Private Pool: No

Listing Price Information

Listing Price: $295000

Tax Information

Annual Tax: $3177

Location Information

WaterSource: Public Security Features: Smoke Detector(s)

Sell a home like this and save $17,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
129 Seaside Ave, Atlantic City, NJ, 08401	$579,000	5	3	--
203 S Metropolitan Ave, Atlantic City, NJ, 08401	$399,900	3	1.5	--
203 S Metropolitan Avenue, Atlantic City, NJ, 08401	$399,900	3	2	1,354	1,354 SqFt
15 Belle Ct, Atlantic City, NJ, 08401	$199,000	3	1.5	--
13 N New Hampshire Ave, Atlantic City, NJ, 08401	$699,900	5	2.5	2,142	2,142 SqFt
21 N New Hampshire Avenue, Atlantic City, NJ, 08401	$479,000	3	3	1,662	1,662 SqFt
207 Grammercy Pl, Atlantic City, NJ, 08401	$449,000	3	2.5	1,452	1,452 SqFt
323 Atlantic Avenue #323, Atlantic City, NJ, 08401	$364,900	5	3	2,136	2,136 SqFt
526 Pacific Ave #1905, Atlantic City, NJ, 08401	$269,000	2	2	1,060	1,060 SqFt
526 Pacific Ave #1904, Atlantic City, NJ, 08401	$232,700	2	2	1,060	1,060 SqFt

Similar Homes To 716 Drexel Ave

Nearby For Sale

Active

$229,000

Home For Sale

127 N Texas Ave,
Atlantic City, NJ, 08401

Bed

Bath

Sqft

3817 Ventnor Ave #301,
Atlantic City, NJ, 08401

Bed

Bath

1,125

Sqft

$119,000

Home For Sale

611 N Indiana Ave,
Atlantic City, NJ, 08401

Bed

Bath

Sqft

101 S Plaza Pl #813,
Atlantic City, NJ, 08401

Bed

Bath

Sqft

3851 Boardwalk #2708 PH108,
Atlantic City, NJ, 08401

Bed

1.5

Bath

The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the South Jersey Shore Regional MLS. IDX information is provided exclusively 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 South Jersey Shore Regional MLS. All Rights Reserved.

ByOwner last updated this listing 06/06/2026 @ 11:42

MLS: 607912 LISTED BY: PATRICIA BRIDGES, COLDWELL BANKER ARGUS REAL ESTATE-Northfield SOURCE: South Jersey Shore Regional MLS