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Local Realty Service Provided By: Coldwell Banker Argus Real Estate
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716 Drexel Ave, 
Atlantic City, NJ 08401

$295,000


4

Beds


2

Baths


-

Sq Ft


Single Family

Active

609-646-5001

Last updated:

June 24, 2026, 04:26 PM

MLS#

607912

Source:

NJ SJSRMLS

Company Logo

About This Home

716 Drexel Ave

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!

Home Facts

Single Family

2 Baths

4 Bedrooms

Built in 1900

Price Summary

295,000

MLS #:

607912

Last Updated:

June 24, 2026, 04:26 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2


Structure

Structure

Year Built:

1900


Finances & Disclosures

Finances

Price:

$295,000

716 Drexel Ave
Source:NJ SJSRMLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.