Investment opportunity in the heart of historic Burlington City! This tenant occupied duplex at 255 W Union St offers immediate rental income with two units currently leased on annual terms. The property generates $2686 in total monthly rent/ $32,232 annually, making it an attractive addition to an investment portfolio. The owner currently pays sewer and building utilities. Conveniently located near downtown Burlington, shopping, dining, waterfront, major roadways and public transportation. Whether you're looking to expand your rental portfolio or purchase your first multi-family investment, this property offers established tenancy and income from day ONE. Property is being sold with existing tenants in place. Schedule your showing today!
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Listing Snapshot
Price
$350,000
Days On Site
11 Days
Bedrooms
3
Inside Area (SqFt)
1,600 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.04 Acres
Year Built
1900
MLS® Number
NJBL2119952
Status
Active
Property Tax
$6,008
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
3 days ago
Listing updated with changes from the MLS®
5 days ago
Status changed to Active
2 weeks ago
Listing first seen on site
General Features
Acres
0.04
Foundation
Brick/Mortar
Parking
On Street
Property Sub Type
Duplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1600
SqFt Total
2000
Style
Other
Utilities
Natural Gas AvailableSewer AvailableWater AvailableElectricity Available
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.