Fully renovated duplex in Burlington City offering two spacious units, each featuring 2 bedrooms and 1 full bathroom. Both units have been completely updated from top to bottom with modern finishes and thoughtful upgrades throughout. Each unit is equipped with its own brand-new furnace, central air conditioning, and hot water heater, providing efficient and independent utilities. Kitchens showcase granite countertops, a brand-new stainless steel appliance package, and updated cabinetry, while both units also include in-unit laundry hookups for added convenience. This turnkey property is ideal for an investor seeking strong rental potential or an owner-occupant looking to live in one unit while renting the other. Conveniently located near shopping, dining, and major roadways.
Welcome to Historic Burlington City. This two bedroom apartment is tucked away on a beautiful street. Walking distance to shopping and public transportation, whether it be by train or bus. Enjoy walks along the beautiful water front promenade and restaurants. This apartment is on the 2nd floor, freshly painted with new carpets. All appliances included along with new butcher block kitchen counter top. Come take a look!
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.
Welcome to Your Next Investment Opportunity! Multi-Family 2-Unit Home Fully Tenanted Income-Generating Potential Discover the charm and potential of this well-maintained "AS IS" 2-family home, ideally suited for investors or owner-occupants looking to generate consistent rental income. Both units are occupied by long-term, reliable tenants who have maintained timely payments over the years, with a month-to-month lease contract. With a touch of renovation and sweat equity, this property can be transformed into an even more profitable income-producing asset! Unit 1 (First Floor): 2 Bedrooms; 1 Sower Bath; Spacious Living Room; Full Kitchen with Appliances Included; Private Access to a Large Deck Porch; Access to a partially finished full basement with utilitu area. Unit 2 (Second Floor): 1 Bedroom 1 Full Tub Bathroom; Comfortable Living Room; Fully Equipped Kitchen; Stair Access to a Partially Finished Attic (Greato Storage or Bonus space!); Private Front Entrance. The home sits on a generous fully fenced backyard, perfect for outdoor gatherings, family fun, or entertaining guests. The long side driveway offers parking for 3-4 vehicles, extending conveniently to the backyard area. In 2023, a brand-new sump pump system was installed to ensure enhanced protection against water intrusion, helping to maintain a dry and secure basement. This upgrade adds significant value by preventing potential moisture damage, improving overall home durability, and providing peace of mind during heavy rains or storms. Flexible Usage Options: Live in one unit and let the other help pay your mortgage; Or keep both units rented for strong cash flow; Eligible for a residential loan (up to 4 units) if owner-occupied. Wether you're a savy investor or a first-time buyer seeking possive income, this multi-family gem offers endless opportunity and upside potential! Seller's Disclosure has attached: The seller has provided information to the best of his knowledge; however, buyers are strongly encouraged to conduct their own diligence and independent investigation regarding the condition and features of the property. A very Motivated Seller will accept all offers AS IS, NO CONTINGENCIES TO HOME INSPECTION and Buyer responsible for the Twsp "CO".
Remarkable 5 unit investment opportunity in Burlington. Each unit has one bed and one bath and has a market rental value of about $1400 (current rent amounts are below). These units have been renovated with new floor and paint to minimize vacancy rates and increase return on investment. This building has been converted to gas. *To request a showing please submit your proof of funds or preapprol. At that point the seller will contact all tenants to confirm your showing which must be request 3 full days ahead of time.*
Burlington is located in New Jersey. Burlington, New Jersey has a population of 33,531. Burlington is more family-centric than the surrounding county with 34.87% of the households containing married families with children. The county average for households married with children is 32.09%.
The median household income in Burlington, New Jersey is $86,185. The median household income for the surrounding county is $95,935 compared to the national median of $69,021. The median age of people living in Burlington is 40.4 years.
The average high temperature in July is 86.8 degrees, with an average low temperature in January of 22.7 degrees. The average rainfall is approximately 47.9 inches per year, with 10.7 inches of snow per year.
