Remarks

6 Units plus possibility to add more!!

Two properties being sold as a package deal totaling 5 residential units and 1 commercial unit

Property 1 is 127 E Broad St which consists of four 1 bedroom apartments. Each unit has their own heater and hot water heater. Tenants pay their own electric and gas landlord pays water and sewer. Currently 3 of the units are occupied and 1 is vacant.

Property 2 is 129-131 E Broad St. This property is a complete rehab and is currently configured as a large 5/6 bedroom house and a small office on the right side. There is potential to convert the house into apartments while keeping the first floor commercial. Buyer should confirm any and all zoning questions with the City of Burlington Zoning officer.

This is a unique opportunity where you will have rental income from day 1 while you rehab the other side. Property is being sold in as-is condition and buyer is responsible for all inspections that need to be completed to transfer title including but not limited to CO Inspection and any other inspections needed.

Details

MLS#: NJBL2071608
Price: $600,000

Year Built: 1900

County: BURLINGTON
Tax Fee: 316.0