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Listed price in listed location currency (USD).
$295,000

400

MLS® 607912

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage 
Taxes $3,177
Days Active 0
Lot Size 
Approx. Age 1900
MLS® Number 607912

Property Address: 716 Drexel Ave, Atlantic City, NJ, 08401-2612

Average square foot calculated using Size range provided by listing agent.

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® Number607912
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementSlab
DrivewayPARKING - EXTERIOR: None, Garage: None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 15, 2026List Date
$295,000List Price
  • Commute

Commute

Starting Address
Destination Address
716 Drexel Ave, Atlantic City, NJ

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