Burlington, NJ 08016 232 W Union Street
$360,000
21 more
Presented By: BHHS Fox & Roach-Marlton
Beds • 4
Beds • 4Home Details
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.
Presented By: BHHS Fox & Roach-Marlton
Interior Features for 232 W Union Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelElectric, Natural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 232 W Union Street
AccessibilityNone
Architectural StyleSide-by-Side
CityBURLINGTON
Construction MaterialsBlock
Cool FuelNone
CoolingWindow Unit(s)
CountyBURLINGTON
DirectionsUse GPS
Garage Y/NNo
HeatingBaseboard - Electric, Baseboard - Hot Water
Living Area1928
Lot Size Square Feet2161.00
Lot Size UnitsSquare Feet
MLS AreaBurlington City (20305)
MunicipalityBURLINGTON CITY
New ConstructionNo
Number Of Units Total2
One Bedroom Units Count
Other StructuresAbove Grade
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD, 61-90 Days CD
Price Per Sq Ft Total AG186.72
Property SubtypeDuplex
Property TypeMulti-Family
School DistrictBURLINGTON TOWNSHIP
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeTwin/Semi-Detached
Tax Annual Amount5603.0
Tax Assessed Value129400.0
Tax Lot00006
Tax Year2024
Total SQFT1928
Two Bedroom2
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningMULTIFAMILY
Exterior for 232 W Union Street
Foundation DetailsBlock
Lot Dimensions20.00 x 108.00
Lot Size Acres0.05
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
