716 Drexel Ave
Atlantic City, NJ 08401
4
Bed
0
Bath
Turnkey Cash Flow Duplex with Guaranteed Income Component! Exceptional investment opportunity featuring an impressive 12%+ gross rental yield and a rock solid tenant base. Unit 1 features stable, long term guaranteed income through a local Veteran Assistance Program ($1,382/mo), while unit 2 is vacant and last tenant paid a strong market rent at $1,600. Low maintenance property with major capital expenditures already completed: brand new roof 2026, completely updated plumbing/pipes. Unit 1 has new stove 2026 and unit 2 has new refrigerator 2026. 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! Tenant in unit 1 would love to remain in unit.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 4 -
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
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Listing Price Information
Listing Price: $295000
-
Tax Information
Annual Tax: $3177
-
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 111 Oriental Ave, Atlantic City, NJ, 08401 | $799,000 | -- | -- | 4,620 | -- |
| 205 S Vermont Ave, Atlantic City, NJ, 08401 | $540,000 | 6 | -- | 2,312 | -- |
| 104 S Massachusetts Ave, Atlantic City, NJ, 08401 | $750,000 | -- | -- | 2,688 | -- |
| 307 Grammercy Pl, Atlantic City, NJ, 08401 | $299,000 | 2 | -- | -- | -- |
| 27 N Rhode Ave, Atlantic City, NJ, 08401 | $199,000 | -- | -- | -- | -- |
| 420 N Massachusetts Ave, Atlantic City, NJ, 08401 | $350,000 | 5 | -- | -- | -- |
| 1013 Arctic, Atlantic City, NJ, 08401 | $235,000 | -- | -- | -- | -- |
| 1115 Arctic Ave, Atlantic City, NJ, 08401 | $272,000 | 4 | -- | -- | -- |
| 555 N Maryland Ave, Atlantic City, NJ, 08401 | $1,200,000 | 5 | -- | 2,730 | -- |
| 203 N South Carolina Ave, Atlantic City, NJ, 08401 | $340,000 | -- | -- | -- | -- |
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Nearby For Sale
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 09/01/2026 @ 00:26
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