255 W Union St, Burlington, NJ 08016

$350,000
1,600
SqFt

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List Price
$350,000
Status
ACTIVE
Days on Market
23
MLS#
NJBL2119952
Subtype
Multi-Family
Style
Other
Year Built
1900
Living Area
1,600
Lot Size
1,860
Acres
0.04
Subdivision
None Available
MLS Area Major
Burlington City (20305)

Property Description

Investment opportunity in the heart of historic Burlington City! This tenant occupied duplex at 255 W Union St offers immediate rental income with two units currently leased on annual terms. The property generates $2686 in total monthly rent/ $32,232 annually, making it an attractive addition to an investment portfolio. The owner currently pays sewer and building utilities. Conveniently located near downtown Burlington, shopping, dining, waterfront, major roadways and public transportation. Whether you're looking to expand your rental portfolio or purchase your first multi-family investment, this property offers established tenancy and income from day ONE. Property is being sold with existing tenants in place. Schedule your showing today!

Additional Information

Taxes
$6,008
Property Description
Other
Zoning
TRN
Flooring
Vinyl
Appliances
Oven, Refrigerator, Stove
Heating
Radiator(s)
Air Conditioning
Wall Units
Roof
Architectural
Foundation
Brick/Mortar
School District
Burlington City Schools
View
Street

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Listing courtesy of Ardhi Real Estate, LLC. Contact: