Delanco, NJ 08075,315 BURLINGTON AVE
Listed by Jonathan Zachary Benstead • BHHS Fox & Roach-Marlton
$489,900
Est. payment /mo
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2,169 SqFt
Active

315 BURLINGTON AVE Delanco, NJ 08075

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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


Bright MLS (BMLS)

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Ryan Destler

Ryan Destler

Agent | License ID: 2077667

+1(908) 930-0960

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315 BURLINGTON AVE

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