This 2-unit multifamily property located at 219 E Broad St, Burlington, NJ presents a strong investment opportunity with immediate cash flow potential. The property consists of a first-floor 2-bedroom, 1-bathroom unit that is vacant, as well as a spacious second-floor 3-bedroom, 2-bathroom unit that is 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.
| MLS # | NJBL2119838 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1886 |
| Days On Site | 24 |
| Listing Provided By | BHHS Fox & Roach-Marlton | Jonathan Zachary Benstead |
| SQ Feet | 2,498 |
|---|---|
| Basement | Y |
| Units | 2 |
| Zoning | TRN |
| Acreage | 0.05 |
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Radiator |
| Construction Materials | Brick |
|---|---|
| Foundation Details | Block |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 4885 |
|---|
| State | NJ |
|---|---|
| County | BURLINGTON NJ |
| City | BURLINGTON |
| Zip Code | 08016 |
| Area | Burlington City (20305) |
| School District | BURLINGTON CITY SCHOOLS |
| Listing VS Median (in 08016) | |
Price: $365,555 low | high Med: $299,000 sqft: 2,498 low | high Med: 1,080 $ / sqft: $146 low | high Med: $277 On site: 24 low | high Med: 56 | |
| State | NJ |
|---|---|
| County | BURLINGTON NJ |
| City | BURLINGTON |
| Zip Code | 08016 |
| Area | Burlington City (20305) |
| School District | BURLINGTON CITY SCHOOLS |
| Listing VS Median (in 08016) | |
Price: $365,555 low | high Med: $299,000 sqft: 2,498 low | high Med: 1,080 $ / sqft: $146 low | high Med: $277 On site: 24 low | high Med: 56 | |