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Photo of 716 Drexel Avenue, Atlantic City NJ
716 Drexel Avenue
Atlantic City, NJ 08401
Bedrooms
4
Full Baths
2
Lot Dimensions
1,240 Sqft
Age
126
Heating
Gas-Natural
Water
Public
Water Heater
Gas
Sewer
Public
Basement
Slab
Taxes (2025)
$3,177
Additional Details Below

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!

Room Details

Additional Rooms: Eat In Kitchen

Location

Listing Details

Summary
Architectural Type

Semi-Det/1/2Dbl

Interior Features
Flooring

Laminate Flooring, Tile

Basement

Slab

Interior Features

Smoke/Fire Alarm

Appliances

Gas Stove, Refrigerator

Rooms List

Eat In Kitchen

Utilities
Heating

Gas-Natural, Radiator

Hot Water

Gas

Sewer

Public

Water

Public

Miscellaneous

Assessment : 0
Zoning: Residential
Lattitude : 39.370105
Longitude : -74.422967
MLS# : 607912
Views : 38
Listing Courtesy: PATRICIA BRIDGES of COLDWELL BANKER ARGUS REAL ESTATE-Northfield

Notes

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The data relating to real estate for sale on this website comes in part from the IDX Program of the South Jersey Shore Regional Multiple Listing Service. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 South Jersey Shore Regional Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

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Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.

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