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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type 
Levels Residential
Size 1816 sqft
Garage No
Maintenance Fees 
Taxes $4,879
Days Active 12
Approx. Age 1890
Avg. Price Per Sqft $143
MLS® Number NJBL2095292

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Tenant-occupied investment property located at 403 Wood St in Burlington, NJ, being sold strictly in as-is condition. Current lease generates $2, 400 per month ($28, 800 annually) through December 30, 2025, providing immediate cash flow for the next owner. Annual property taxes are approximately $5, 147, producing a net operating income of about $23, 653. At the asking price of $260, 000, this equates to an estimated cap rate between 8.7%–9%, a healthy return for the Burlington market. The tenant has already completed updates including kitchen appliance replacements, toilet upgrades, interior repainting, and backyard landscaping, with additional upside available through further renovations. Conveniently located near the Delaware River waterfront with easy access to Route 130, I-295, and the NJ Transit River Line, this property offers both stability and strong growth potential for investors.Show Description
MLS® NumberNJBL2095292
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelBasement
Exposure
Exterior
GarageNo
Approx. Age1890
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHot Water, Radiator, Oil
A/CWall Unit, Electric
Heating Fuel

Extras

Rooms

Show Details
Living Room:12 × 25 ft
Dining Room:11 × 16 ft
Bedroom 3:15 × 22 ft
Kitchen:9 × 12 ft
Bedroom 2:10 × 11 ft
Bedroom 5:Not available
Bathroom 1:Not available
Other:12 × 13 ft
Other:10 × 14 ft
Basement:Not available

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