$600,000
127 E BROAD ST Burlington, NJ 08016
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$600,000
Est. payment /mo
8,425 Sqft Lot
Active
127 E BROAD ST Burlington, NJ 08016
UPDATED:
08/27/2024 03:05 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJBL2071608
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $310
Tax Year 2023
Lot Size 8,425 Sqft
Acres 0.19
Lot Dimensions 72.00 x 117.00
Property Description
6 Units plus possibility to add more!!
Two properties being sold as a package deal totaling 5 residential units and 1 commercial unit
Property 1 is 127 E Broad St which consists of four 1 bedroom apartments. Each unit has their own heater and hot water heater. Tenants pay their own electric and gas landlord pays water and sewer. Currently 3 of the units are occupied and 1 is vacant.
Property 2 is 129-131 E Broad St. This property is a complete rehab and is currently configured as a large 5/6 bedroom house and a small office on the right side. There is potential to convert the house into apartments while keeping the first floor commercial. Buyer should confirm any and all zoning questions with the City of Burlington Zoning officer.
This is a unique opportunity where you will have rental income from day 1 while you rehab the other side. Property is being sold in as-is condition and buyer is responsible for all inspections that need to be completed to transfer title including but not limited to CO Inspection and any other inspections needed.
Two properties being sold as a package deal totaling 5 residential units and 1 commercial unit
Property 1 is 127 E Broad St which consists of four 1 bedroom apartments. Each unit has their own heater and hot water heater. Tenants pay their own electric and gas landlord pays water and sewer. Currently 3 of the units are occupied and 1 is vacant.
Property 2 is 129-131 E Broad St. This property is a complete rehab and is currently configured as a large 5/6 bedroom house and a small office on the right side. There is potential to convert the house into apartments while keeping the first floor commercial. Buyer should confirm any and all zoning questions with the City of Burlington Zoning officer.
This is a unique opportunity where you will have rental income from day 1 while you rehab the other side. Property is being sold in as-is condition and buyer is responsible for all inspections that need to be completed to transfer title including but not limited to CO Inspection and any other inspections needed.
Location
State NJ
County Burlington
Area Burlington City (20305)
Zoning TRN
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Burlington City Schools
Others
Tax ID 05-00134-00011
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Listed by Eric Sasaki • RE/MAX World Class Realty
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