716 Drexel Ave, Atlantic City, NJ 08401
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716 Drexel Ave, Atlantic City, NJ 08401
716 Drexel Ave, Atlantic City, NJ 08401
716 Drexel Ave, Atlantic City, NJ 08401
716 Drexel Ave, Atlantic City, NJ 08401
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Dana Ubele

Dana Ubele

+1(856) 888-1133
$ 295,000
Est. payment /mo
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716 Drexel Ave Atlantic City, NJ 08401

4 Beds

2 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 607912

Style Semi-Det/1/2Dbl

Bedrooms 4

Full Baths 2

Year Built 1900

Annual Tax Amount $3,177

Tax Year 2025

Property Sub-Type Single Family

Property 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!

Location

State NJ

County Atlantic

Community Atlantic City

Area Atlantic City

Rooms

Other Rooms Eat In Kitchen

Basement Slab

Interior

Interior Features Smoke/Fire Alarm

Heating Gas-Natural, Radiator

Flooring Tile, Laminate Flooring

Exterior

Exterior Feature Brick

Parking Features None

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

South Jersey Shore Regional MLS (SJSRMLS)
Listed by COLDWELL BANKER ARGUS REAL ESTATE-Northfield

NEARBY SCHOOLS & PROPERTIES

Dana Ubele

Dana Ubele

Broker | License ID: 0448855

+1(856) 888-1133

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716 Drexel Ave

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