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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!
- Gas Stove
- Refrigerator
- Eat In Kitchen
- Heating:Gas-Natural
- Heating:Radiator
- Smoke/Fire Alarm
- Public Sewer
PROPERTY LOCATION / MAP
Last Database Update://05/30/2026 01:45:49
Listing Courtesy of COLDWELL BANKER ARGUS REAL ESTATE-Northfield.
© South Jersey Shore Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional MLS. Real Estate listings held by brokerage firms other than Keller Williams Jersey Shore are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed. The broker providing these listings to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing.
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716 Drexel Avenue, Atlantic City
For Sale:
$295,000 /MLS: 607912Bed:4 | Bath:2| Half Baths:0 | LOT: DOM:0
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