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716 Drexel Ave Atlantic City, NJ $ 295,000
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$ 295,000 Get more info
716 Drexel Ave
$ 295,000
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716 Drexel Ave

Atlantic City, NJ, 08401
$ 295,000
Bedrooms6 Baths2.0

Monthly Estimate*

$ 1,863

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Multi-Family Home for sale in Atlantic City, NJ

for $295,000 with 6 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. 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.

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Multi-Family Active

Price

$ 295,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Year Built

1900

Town/City

Atlantic City

County/Region

Atlantic

MLS | Web ID

611295
Features
Exterior
Exterior Brick Face
Lot 7
Lot Dimensions 20 x 60
Separate Meters Cable TV Electric Gas Hot Water Sewer Water
Storms/Screens Combination
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General
Water Public
Sewer Public Sewer
Heating Gas-Natural Radiator
Appliances Gas Stove Refrigerator
Status Active Active
Year Built 1900
Other Rooms Eat In Kitchen
Water Heater Gas
Class MULTI-FAMILY
Type Duplex
Tax Year 2025
Garage None
Status Detail 0
Waterfront No
Area Atlantic City
Location See Remarks
Taxes 3177
Adult Community/55+: Y/N 0
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Interior
Basement Slab
# of Units 2
# of 2 Bedroom Units 2
# of 1 Bedroom Units 2
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* Excluded Features
List By
Coldwell Banker Argus Real Estate-Northfield

Broker

Affordability Calculator

$1,863
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,863
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/27/2026$295,000 Listed Price

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716 Drexel Ave, Atlantic City, NJ, 08401 is a Multi-Family Home for sale at $295,000. 716 Drexel Ave has 6 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 08401 which is in Atlantic City, NJ

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