For Sale, USD 360,000
232 W Union Street, Burlington NJ 08016, Burlington, New Jersey, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 1,928 ft² / 179 m²
Land Size : N/A
Bedroom : 4
Bathroom : 0
Half Bathroom : 0
MLS#: N/A
Property Description
Excellent investment opportunity in Burlington City, NJ that produces a 9% CAP RATE! P&L attached in the documents section. 232 W Union St features two fully occupied rental units with long-term tenants and excellent rental income. Unit A is a 2-bedroom 1 bath unit with electric heat and rents out for $1,750. Unit B is 2-bedroom 1 bath unit with gas heat and rents out for $1,650. All units are well maintained with significant upgrades throughout. All separate utilities in place for tenants with the landlord covering water/sewer, insurance & taxes. Water/Sewer - $1,200, Insurance - $2,356, Taxes $5,603. Conveniently located within minutes of several major highways and the NJ Turnpike offering easy access to Philadelphia. This is an excellent investment opportunity with major upside.
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232 W Union Street, Burlington NJ 08016, United States,New Jersey,Burlington is a 1,928ft² Burlington luxury Multi-Family Home listed for sale USD 360,000. This high end Burlington Multi-Family Home is comprised of 4 bedrooms and 0 baths. Find more luxury properties in Burlington or search for luxury properties for sale in Burlington.