315 BURLINGTON AVE Delanco, NJ 08075
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,169 sqft
Price per Sqft $225
MLS Listing ID NJBL2097066
Style Other
Abv Grd Liv Area 2,169
Year Built 1880
Annual Tax Amount $6,802
Tax Year 2024
Lot Size 6,250 Sqft
Acres 0.14
Property Sub-Type Duplex
Source BRIGHT
Property Description
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.
Location
State NJ
County Burlington
Area Delanco Twp (20309)
Zoning MULTIFAMILY
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Above Ground Finished SqFt 2169
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Delanco Township Public Schools
Others
Tax ID 09-01402-00001
Ownership Fee Simple
SqFt Source 2169
Special Listing Condition Standard
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