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128 E Broad Street

BURLINGTON, NJ 08016
  • $150,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: NJBL2014254
UPDATED: 62 min ago
$150,000
  • 5
    BEDS
  • 0.06
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 1,626
    SQFT
  • $92
    $/SQFT
Neighborhood:
Type:
Villa/Townhouse
Built:
1900
County:

School Information

Elementary School:
High School:
School District:

Description

Investment opportunity. One-unit investment property with a 9.82% cap rate. Currently rented and tenant would like to remain. Currently paying $1,600/month. Interior row home with side alley in downtown Burlington City. A true 5 bedroom with 1 on first floor. Located on Broad Street, about 1.5 blocks from High Street in both the New Yorkshire neighborhood and the Burlington City Municipal Historic District. Zoned TC-1 (Town Center District) which means the first floor could be converted and approved for use as an office, a shop, etc. FEATURES: Living room with built-in bookshelves. Kitchen remodeled 2001. Gas cooking, dishwasher, double sink, tile backsplash, pass-through window to dining room. Bedroom with original built-in armoire. Some original wood trim and five-panel doors throughout. Baseboard radiator heat, no central air, laundry in basement. Covered front porch. EDUCATION: Students may also attend the Burlington County Institute of Technology (BCIT) and the BCIT Academy of Performing Arts. TRANSPORTATION: Downtown Burlington, New Jersey is a transit village where with one connection, you+GGre in New York City. Close to Routes 130, 95, 295, the NJ and PA Turnpikes, and the Burlington-Bristol Bridge. NJ Transit bus service to Trenton, Camden and Philadelphia. River Line light rail to Trenton and Camden with connections to New York City and Philadelphia. INVESTOR ANALYSIS: Low taxes, but flood insurance mean expenses could be $4,469.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nesbitt Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-01-23T12:50:06.787.
www.nesbitt.realestate/homes/124476633
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128 E Broad Street BURLINGTON, NJ 08016

  • Price: $150,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 62 min ago
  • ID#: NJBL2014254
5
Beds
1
Baths
1
½ Baths
0.06
Acres
1,626
SQFT
$92
$/SQFT
1900
Built
Neighborhood:
Yorkshire
County:
Burlington
Area:
Burlington City (20305)
Elementary School:
Captain James Lawrence E.S.
Middle School:
Wilbur Watts Intermediate School
High School:
Burlington City H.S.
School District:
Burlington City Schools
Property Description
Investment opportunity. One-unit investment property with a 9.82% cap rate. Currently rented and tenant would like to remain. Currently paying $1,600/month. Interior row home with side alley in downtown Burlington City. A true 5 bedroom with 1 on first floor. Located on Broad Street, about 1.5 blocks from High Street in both the New Yorkshire neighborhood and the Burlington City Municipal Historic District. Zoned TC-1 (Town Center District) which means the first floor could be converted and approved for use as an office, a shop, etc. FEATURES: Living room with built-in bookshelves. Kitchen remodeled 2001. Gas cooking, dishwasher, double sink, tile backsplash, pass-through window to dining room. Bedroom with original built-in armoire. Some original wood trim and five-panel doors throughout. Baseboard radiator heat, no central air, laundry in basement. Covered front porch. EDUCATION: Students may also attend the Burlington County Institute of Technology (BCIT) and the BCIT Academy of Performing Arts. TRANSPORTATION: Downtown Burlington, New Jersey is a transit village where with one connection, you+GGre in New York City. Close to Routes 130, 95, 295, the NJ and PA Turnpikes, and the Burlington-Bristol Bridge. NJ Transit bus service to Trenton, Camden and Philadelphia. River Line light rail to Trenton and Camden with connections to New York City and Philadelphia. INVESTOR ANALYSIS: Low taxes, but flood insurance mean expenses could be $4,469.
Exterior Features

Architectural Style Colonial Construction Materials Frame Direction Faces North Garage YN No Other Structures Above Grade Parking Types AlleyOn Street Pool No Pool Property Condition Average Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1626 Appliances Oven/Range - GasDishwasher Basement PartialUnfinished Basement YN Yes Cooling None Exclusions Tenant's Personal Property Heating Baseboard - Hot Water Heating YN Yes Laundry Type Basement Levels 3 Main Level Bedrooms 1 Room List Living RoomDining RoomBedroom 2Bedroom 3Bedroom 4Bedroom 5KitchenBedroom 1 Upper Level1 Bedrooms 2

Property Features

Acceptable Financing CashConventional Accessibility Features Mobility Improvements Assessment Year 2021 Association YN No Central Air YN No Condo YN No Cooling Fuel None Cross Street York St Federal Flood Zone Ae Federal Flood Zone YN Yes Foundation Details Stone Heating Fuel Natural Gas Historic YN Yes Hot Water Natural Gas Municipality Burlington City Navigable Water YN N New Construction YN No Original MLSNumber 801264548276 Ownership Interest Fee Simple Possession Subject To Existing Lease Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 2624.00 Tax Assessment Amount 63300.00 Tax Lot 11 Total Actual Rent 19200.00 Transportation Bus Stop Less Than 1 MileMetro/Subway Station Less Than 1 MileCommuter Rail Station Less Than 1 Mile Vacation Rental YN No Water Source Public Zoning Tc-1 Zoning Description Town Center District. Currently Used As ResidentialBut Could Apply To Use First Floor As OfficeShopEtc.

Listing courtesy of Real Broker, Llc.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nesbitt Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-01-23T12:50:06.787.
 
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