219 E Broad St, Burlington, NJ 08016

$398,888
2,498
SqFt

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List Price
$398,888
Price Change
▼ $16,667 1781227277
Days on Market
72
Status
ACTIVE
MLS#
NJBL2112274
Living Area
2,498
Lot Size (Acres)
0.05
Style
Other
Year Built
1886
County
Burlington
School District
Burlington City Schools

Property Description

This 2-unit multifamily property located at 219 E Broad St, Burlington, NJ is offered at $398,888 and presents a strong investment opportunity with immediate cash flow potential. The property consists of a first-floor 2-bedroom, 1-bathroom unit that is currently occupied and rented for $1,750 per month, as well as a spacious second-floor 3-bedroom, 2-bathroom unit that is also occupied and rented for $2,000 per month. The building features separate electric utilities for each unit and one shared gas meter for the property. Owner pays taxes, insurance, gas, & water/sewer. Conveniently situated in downtown Burlington City, the location provides easy access to the River Line and Philadelphia, PA. This property is ideal for investors seeking steady rental income or an owner-occupant looking to offset living expenses with rental revenue.

Additional Information

Area
Burlington City (20305)
Taxes
$4885
School District
Burlington City Schools
Heating
Baseboard - Hot Water
Heating Fuel
Natural Gas
Cooling
Window Unit(s)
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of BHHS Fox & Roach-Marlton. Contact: 8568105300