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719 Drexel

Atlantic City, NJ 08401
  • $298,000
  • STATUS: Closed
  • ON SITE: 206 Days
  • MLS #: 598528
Sold - 10/24/2025
$298,000
SOLD - 10/24/2025
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,588
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Dont miss this rare chance to own a cash-flowing duplex on a quiet residential street in Atlantic City. The upstairs unit has been fully renovated and is move-in ready"perfect for top-market rental potential. (Photos reflect the updated 2nd floor.) Stable income: First-floor unit is occupied by a long-term tenant of 7+ years, currently paying $1,450/month. Pro-forma rent for the newly renovated upper unit is $1,700/month, offering strong rental upside. Projected gross annual income: $37,800 Low insurance cost: Just $2,650 annually Property sold As-Is, offering immediate returns with minimal upfront effort. Serious buyers only will be granted access to the 1st floor to respect the current tenant's privacy. The upstairs unit is easy to show"schedule your walk-through today and explore the potential of this high-yield investment.

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© 2026 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Murray Team | Keller Williams Jersey Shore. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2026-02-13T23:49:53.133.
www.thejimmurrayteam.com/homes/166167913
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719 Drexel Atlantic City, NJ 08401

  • Price: $329,000
  • Status: Closed
  • On Site: 206 Days
  • MLS #: 598528
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,588
SQFT
$0
$/SQFT
Neighborhood:
Atlantic City
County:
Atlantic
Area:
Atlantic City
Property Description
Dont miss this rare chance to own a cash-flowing duplex on a quiet residential street in Atlantic City. The upstairs unit has been fully renovated and is move-in ready"perfect for top-market rental potential. (Photos reflect the updated 2nd floor.) Stable income: First-floor unit is occupied by a long-term tenant of 7+ years, currently paying $1,450/month. Pro-forma rent for the newly renovated upper unit is $1,700/month, offering strong rental upside. Projected gross annual income: $37,800 Low insurance cost: Just $2,650 annually Property sold As-Is, offering immediate returns with minimal upfront effort. Serious buyers only will be granted access to the 1st floor to respect the current tenant's privacy. The upstairs unit is easy to show"schedule your walk-through today and explore the potential of this high-yield investment.
Exterior Features

Garage None Lot Dimensions 17.35'x60.5' Parking None Waterfront YN No

Interior Features

Heating Gas-Natural Unit1 Baths 1 Unit2 Baths 1

Property Features

Adult Community /55+ No Approved Short Sale N/A Auction YN No Bank Owned Foreclosure No Lot Number 18 May Be Subject To Third Party Approval Short Sale No Multifamily Type Duplex Number Of2 Bedroom Units 2 Sale Or Rent For Sale Sewer Public Sewer Tax Year 2024 Taxes 2123 Water Public

South Jersey Shore Regional MLS logo Listing information © 2026 South Jersey Shore Regional MLS.
Listing provided courtesy of eXp Realty - Montclair: .


© 2026 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Murray Team | Keller Williams Jersey Shore. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2026-02-13T23:49:53.133.
 
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The Murray Team | Keller Williams Jersey Shore
1 Atlantic Ave.
Ocean City NJ, 08226