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For sale
    • $295,000

    716 Drexel Ave, Atlantic City, NJ 08401

    4beds
    --sqft
    : 
    $2,043/mo
    Get pre-qualified
    Townhouse
    Built in 1900
    1,240 Square Feet Lot
    $279,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Brand-new roof
    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!
    70 days
    |
    102
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    PATRICIA BRIDGES 609-335-5913,

    COLDWELL BANKER ARGUS REAL ESTATE-Northfield

    Source: SJSRMLS,MLS#: 607912MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Natural Gas, Radiant
      Appliances
      • Included: Gas Stove, Refrigerator
      Features
      • Eat-in Kitchen
      • Flooring: Tile, Laminate
      • Basement: Slab
      • Has fireplace: No

      Property

      Parking
      • Parking features: None
      Lot
      • Size: 1,240 Square Feet
      • Dimensions: 20 x 62
      Details
      • Parcel number: 7

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Semi-Det/1/2Dbl
      • Property subtype: Townhouse
      Materials
      • Brick
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke/Fire Alarm
      Location
      • Region: Atlantic City

      Financial & listing details

      • Tax assessed value: $94,000
      • Annual tax amount: $3,177
      • Date on market: 5/15/2026
      • Date available: 05/15/2026

        Estimated market value

        $279,300

        $265,000 - $293,000

        $2,933/mo

        Price history

        DateEventPrice
        5/15/2026Listed for sale$295,000+273.4%
        Source: SJSRMLS #607912 Report a problem
        3/11/2022Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        1/27/2022Listed for rent$1,200
        Source: Zillow Rental Network_1 #559136 Report a problem
        10/8/2020Listing removed$79,000
        Source: EXECUTIVE REALTORS #540882 Report a problem
        8/19/2020Listed for sale$79,000
        Source: EXECUTIVE REALTORS #540882 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,245 $94,000
        2024$3,245 -3.2%$94,000
        2023$3,351 -1.9%$94,000
        2022$3,417 -15.5%$94,000
        2021$4,046 +3.6%$94,000 -13.9%
        2020$3,904 +12.8%$109,200 +11.4%
        2019$3,462 $98,000
        2018$3,462 -55.3%$98,000
        2017$7,751 +12.8%$98,000 -51.2%
        2016$6,871 +2.2%$200,800
        2015$6,723 +31.7%$200,800
        2014$5,104 +17.5%$200,800
        2013$4,345 +11.1%$200,800
        2012$3,910 +7.6%$200,800
        2011$3,632 +5.6%$200,800
        2010$3,440 +2.8%$200,800
        2009$3,345 +191.5%$200,800
        2008$1,148 +0.8%$200,800 +551.9%
        2007$1,138 $30,800
        2006-- $30,800
        2005-- $30,800
        2004-- $30,800
        2003-- $30,800
        2002-- $30,800
        2001-- $30,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 08401

        Getting around

        71 / 100
        Very Walkable
        38 / 100
        Some Transit
        77 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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