About This Home

This 4-bedroom, 2-bathroom multi-family at 716 Drexel Ave in Atlantic City, NJ is listed for $285,000. Built in 1900, on a N/A lot.

Key Features

  • Built in 1900

Property Details

2 full
1900
Listing 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. 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.

Monthly Cost Estimate

$1,524/mo

20% down · 6.5% · 30 years

Principal$206
Interest$1,235
Insurance$83

Estimates only. Actual payments may vary.

Location

716 Drexel Ave

Atlantic City, NJ 08401

Property Details

Heating

Other (Heating)Natural Gas

Appliances

Gas StoveRefrigerator

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 716 Drexel Ave is listed at $285,000. The estimated monthly payment is $1,524 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900.

This property is listed by PATRICIA BRIDGES.

PB

PATRICIA BRIDGES

Agent at Coldwell Banker Argus Real Estate

Listed by Coldwell Banker Argus Real Estate · Broker phone: (609) 822-3700 · View on Broker Site · Broker website

MLS# 611295· Source: South Jersey Shore Regional MLS· 165 days on PropertySimple

Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

716 Drexel Ave, Atlantic City, NJ 08401

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