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315 BURLINGTON AVE Delanco, NJ 08075
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Key Details
Sold Price C$490,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,169 sqft
Price per Sqft C$225
Lot Size 6,250 Sqft
MLS Listing ID NJBL2097066
Style Other
Total Units 4
Originating MLS BRIGHT
Property Description
***SHOWINGS WILL TAKE PLACE ON THURSDAY, 10/23/25 FROM 1-4PM & SATURDAY, 10/25/25 FROM 10AM-1PM.***THIS IS NOT AN OPEN HOUSE AND ALL SHOWING MUST BE CONFIRMED WITH THE LISTING AGENT. PLEASE CONTACT THE LISTING AGENT TO SCHEDULE YOUR PRIVATE SHOWING. ***
This fully occupied 4-unit multifamily investment property is located at 315 Burlington Ave, Delanco, NJ. It consists of two 2-bedroom units and two 1-bedroom units, offering a variety of rental options. Situated on a large corner lot, the property features onsite parking and a garage for additional rental income. The property boasts a great rental history with long-term tenants, providing a stable source of income. With a 9% CAP Rate, this investment offers a strong return. Each unit has separate electric and gas meters, ensuring convenience for both landlord and tenants. The units have been well maintained and include upgrades throughout, making this property a valuable investment opportunity.
Location
State NJ
County Burlington
Area Delanco Twp (20309)
Zoning MULTIFAMILY
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
1-purchase type For Sale
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway, On Street
Building
New Construction N
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
Schools
School District Delanco Township Public Schools
Others
Tax Amount C$6,802
Tax Year 2024
Tax ID 09-01402-00001
Ownership Fee Simple
SqFt Source 2169
Special Sale Standard
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testyfx76
Bought with Keith Brian Fisher Jr. • Real Broker, LLC
“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”