Do Real Estate on the Go!
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Do Real Estate on the Go!
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$360,000
2 Beds
- -- Bath
1,928sqft
232 W Union St, Burlington, NJ 08016
$360,000
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Duplex
Built in 1900
$-- HOA
2,161 sqft lot
$187/sq.ft
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...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
1,928 sqft
Lot Size
2,161 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
NJBL2089624
MLS Status
ACTIVE-BRIGHT
Days on Market
171
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