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219 E Broad St

Burlington NJ 08016

5
2498 sq. ft.
2200 sq. ft.
Duplex
Currently for sale - view listing

Overview

This 2-unit multifamily property located at 219 E Broad St, Burlington, NJ is offered at $415,555 and presents a strong investment opportunity with immediate cash flow potential. The property consists of a first-floor 2-bedroom, 1-bathroom unit that is currently occupied and rented for $1,750 per month, as well as a spacious second-floor 3-bedroom, 2-bathroom unit that is also 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.

Features

5 bedrooms
2498 sq. ft. floor area
2200 sq. ft. lot size
Duplex

Happy sellers in Burlington

92%
92% of sellers in Burlington reported that their sale price either exceeded or met their price expectations.

Burlington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Burlington over the last 12 months.

Local market activity for 5 bedroom duplexes in Burlington

In the last 12 months, 2 five-bedroom duplexes similar to 219 E Broad St, have been sold.

This represents a 34% increase in five-bedroom duplexes sales when compared to the previous 12 months.

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