255 W Union StreetBurlington, NJ 08016

Description

Investment opportunity in the heart of historic Burlington City! This tenant occupied duplex at 255 W Union St offers immediate rental income with two units currently leased on annual terms. The property generates $2686 in total monthly rent/ $32,232 annually, making it an attractive addition to an investment portfolio. The owner currently pays sewer and building utilities. Conveniently located near downtown Burlington, shopping, dining, waterfront, major roadways and public transportation. Whether you're looking to expand your rental portfolio or purchase your first multi-family investment, this property offers established tenancy and income from day ONE. Property is being sold with existing tenants in place. Schedule your showing today!

Property Information

Property type

Residential Income

Sub-type

Duplex

Structure type

Townhouse

Year built

1900

Living area

1,600 Sq Ft

Lot size

0.04 acres

Lot dimensions

19.00 x 98.00

Zoning

TRN

Days on market

2

MLS^® Listing#

NJBL2119952

Property Features

Appliances

Oven · Cooktop · Electric Water Heater · Refrigerator

Cooling

Wall Unit(s) · Electric

Heating

Radiant

Flooring

Vinyl

Basement

Unfinished

Pool

None

Parking

On Street

Laundry

In Basement

Construction

Other

Foundation

Brick/Mortar

Roof

Shingle

Utilities

Natural Gas Available · Sewer Available · Water Available · Electricity Available

Sewer

Public Sewer

Water source

Public

Schools

District

BURLINGTON CITY SCHOOLS

Financial Details

Annual taxes

$6,008Tax year 2025

Assessed value

$135,300

Parcel number

05-00015-00033

Directions

see gps