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Property profile & analytics
FOR SALE
Duplexes

Burlington, NJ 08016

2,498 SF Built 1886
Property ID
US59-0198423
Property summary
AI-generated overview

This 2-unit multifamily property located at 219 E Broad St, Burlington, NJ is offered at $398,888 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. County: BURLINGTON MLS Area: Burlington City (20305) School District Name: BURLINGTON CITY SCHOOLS SchoolDistrictSource: Listing Agent School District County ID: 300200397177

Property profile
Verified
Property type Duplexes
Year built 1886
Total area 2,498 SF
UPID US59-0198423
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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