127 E Broad St Burlington, NJ 08016

This offering presents a unique investment opportunity featuring two properties being sold as a package. The properties consist of a total of five residential units and one commercial unit. The first property, located at 127 E Broad St, comprises four one-bedroom apartments, each equipped with its own heater and hot water heater. Tenants are responsible for their electric and gas utilities, while the landlord covers water and sewer expenses. Currently, three of the units are occupied, with one unit vacant. The second property, located at 129-131 E Broad St, requires complete rehabilitation and is presently configured as a large five or six-bedroom house alongside a small office space. There is potential to convert the house into apartments while retaining the first-floor commercial space. Interested buyers should independently verify all zoning-related inquiries with the City of Burlington Zoning officer. This offering provides immediate rental income alongside the opportunity to rehabilitate and develop the adjacent property. The property is being sold in as-is condition, and the buyer assumes responsibility for all inspections necessary for title transfer, including but not limited to the CO Inspection and any other required inspections.