255 W Union St, Burlington, NJ 08016

$350,000
1,600
SqFt

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List Price
$350,000
Days on Market
1
Status
ACTIVE
MLS#
NJBL2119952
Living Area
1,600
Lot Size (Acres)
0.04
Style
Other
Year Built
1900
County
Burlington
School District
Burlington City Schools

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

Area
Burlington City (20305)
Subdivision
None Available
Taxes
$6,008
Flooring
Luxury Vinyl Plank
View
Street
Heating
Radiator
Cooling
Wall Unit
Roof
Architectural Shingle
Utilities
Electric Available, Natural Gas Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Ardhi Real Estate, LLC. Contact: 6092001145