315 Burlington Ave - Multi-Family FOR SALE


Delanco, NJ 08075
$489,900 USD
856-446-3541
315 Burlington Ave, Delanco, NJ for Sale
$489,900 USD
Multi-Family - FOR SALE
1/1
null | Request Cap Rate

315 Burlington Ave
Delanco, NJ 08075


OVERVIEW

This fully occupied 4-unit multifamily investment property is located at 315 Burlington Ave, Delanco, NJ. It consists of two 2-bedroom units and two 1-bedroom units, offering a variety of rental options. Situated on a large corner lot, the property features onsite parking and a garage for additional rental income. The property boasts a great rental history with long-term tenants, providing a stable source of income. With a 9% CAP Rate, this investment offers a strong return. Each unit has separate electric and gas meters, ensuring convenience for both landlord and tenants. The units have been well maintained and include upgrades throughout, making this property a valuable investment opportunity. Contact Jon Benstead at (856) 465-9573 to schedule a showing.

FOR SALE DETAILS

PRICE

$489,900 USD

PRICE/SF

$226 USD /SF

# OF UNITS

4

PRICE/UNIT

$122,475

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Occupied 4-Unit Multifamily. 8.80% CAP!

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

09-01402-0000-00001

ASK ABOUT THIS PROPERTY

Jon BensteadBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
856-446-3541

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Jon BensteadBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
856-446-3541

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