1ST DEGREE Realty, LLC
Gary DeGree Sr, 1ST DEGREE Realty, LLCPhone: (856) 625-7242
Email: [email protected]
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listing
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MultifamilyFor Sale
$360,000
232 W Union Street
Burlington, NJ 08016
Listed by: BHHS Fox & Roach-Marlton, (856) 810-5300
MLS: Bright MLS
1,928Sq Ft
Est. Mortgage
$1,958/mo

Excellent investment opportunity in Burlington City, NJ that produces a 9% CAP RATE! P&L attached in the documents section. 232 W Union St features two fully occupied rental units with long-term tenants and excellent rental income. Unit A is a 2-bedroom 1 bath unit with electric heat and rents out for $1,750. Unit B is 2-bedroom 1 bath unit with gas heat and rents out for $1,650. All units are well maintained with significant upgrades throughout. All separate utilities in place for tenants with the landlord covering water/sewer, insurance & taxes. Water/Sewer - $1,200, Insurance - $2,356, Taxes $5,603. Conveniently located within minutes of several major highways and the NJ Turnpike offering easy access to Philadelphia. This is an excellent investment opportunity with major upside.

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This data is up-to-date as of 07/20/2025 08:28 PM. Listing provided by Jonathan Zachary Benstead of BHHS Fox & Roach-Marlton.
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