716 Drexel Ave Atlantic City, NJ $ 295,000
716 Drexel Ave
$ 295,000
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716 Drexel Ave

Atlantic City, NJ, 08401
$ 295,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 1,816

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Single Family Home for sale in Atlantic City, NJ

for $295,000 with 4 bedrooms and 2 full baths. This home was built in 1900.

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!

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Single Family Active

Price

$ 295,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 3,177

Style

Semi-Det/1/2Dbl

Year Built

1900

Town/City

Atlantic City

County/Region

Atlantic

MLS | Web ID

607912

Features
Exterior
Exterior Brick
Lot 7
Lot Dimensions 20 x 62
Lot Size Less than One Acre
Storms/Screens Combination
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General
Water Public
Sewer Public Sewer
Heating Gas-Natural Radiator
Appliances Gas Stove Refrigerator
Status Active Active
Full Baths 2
Half Baths 0
Year Built 1900
Other Rooms Eat In Kitchen
Water Heater Gas
Style Semi-Det/1/2Dbl
Class RESIDENTIAL
Type Single Family
Rooms 8
Tax Year 2025
Garage None
Status Detail 0
Waterfront No
Homeowners Assoc. Fee 0
Area Atlantic City
Taxes 3177
Adult Community/55+: Y/N 0
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Interior
Basement Slab
Flooring Laminate Flooring Tile
Beds 4
Interior Features Smoke/Fire Alarm
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* Excluded Features
List By
Coldwell Banker Argus Real Estate-Northfield

Broker

Affordability Calculator

$2,081
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,816
Monthly Property Taxes
$265
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2026$295,000 Listed Price

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716 Drexel Ave, Atlantic City, NJ, 08401 is a Single Family Home for sale at $295,000. 716 Drexel Ave has 4 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 08401 which is in Atlantic City, NJ