716 Drexel Ave, Atlantic City, NJ 08401
4
2|Townhouse
AUD $410,311
USD $285,000
Published on: 28 Aug 2026
Last updated on: 17 Sep 2026
Property ID: 110119706232
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MULTI-FAMILY, Atlantic City, NJ
716 Drexel Ave, Atlantic City, NJ 08401
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.
Property Details
Basic Info
Basic Info
Property Type
Townhouse
Listing Status
Active
Year Built
1900
Rooms
4 bedroom(s), 2 bathroom(s)
County
Atlantic
Provider
South Jersey Shore Regional MLS
Brokerage Office Name
Coldwell Banker Argus Real Estate
Brokerage Office Phone
(609) 822-3700
Neighbourhoods
Atlantic City
Address
716 Drexel Ave, Atlantic City, NJ 08401
Tax History
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $3177 | AUD $4,574* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.com.au nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.com.au recommends that you independently verify any information before relying on it.
Contact Agent
PATRICIA BRIDGES
COLDWELL BANKER ARGUS REAL ESTATE-Northfield
1114 TILTON ROAD , NORTHFIELD, NJ 08225
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Contact Agent
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PATRICIA BRIDGES
1114 TILTON ROAD , NORTHFIELD, NJ 08225
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Property ID: 110119706232
Original Property ID: 3yd-SJSRMLSNJ-611295Data provided by South Jersey Shore Regional MLS, MLS #: 611295
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