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.
For sale
$489,900
315 Burlington Ave, Delanco, NJ 08075
6beds
--baths
2,169sqft
Est.:
Duplex
Built in 1880
-- sqft lot
$488,200 Zestimate®
$226/sqft
$-- HOA
What's special
Onsite parkingCorner lot
- 3 days |
- 93 |
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