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| Description |
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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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| Details |
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Architectural Type - Side-by-Side
Basement - Block
Exterior Features - Block
Cooling - Window Unit(s)
Heating - Baseboard - Electric, Baseboard - Hot Water, Electric, Natural Gas
Hot Water - Natural Gas
Sewer - Public Sewer
Water - Public
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