219 E Broad St - Apartments FOR SALE


Burlington, NJ 08016
$364,555 USD
856-613-8003
219 E Broad St, Burlington, NJ for Sale
$364,555 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

219 E Broad St
Burlington, NJ 08016


OVERVIEW

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. Please contact Jon Benstead at (856) 613-8003 to schedule a showing.

FOR SALE DETAILS

PRICE

$364,555 USD

PRICE/SF

$146 USD /SF

# OF UNITS

2

PRICE/UNIT

$182,278

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MULTIFAMILY PROPERTY - 8.83% CAP RATE!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1986

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

-

APN/PARCEL ID

05-00131-0000-00045

ASK ABOUT THIS PROPERTY

Jon BensteadBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
856-613-8003

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Jon BensteadBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
856-613-8003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.