Justin Kline - Coldwell Banker Hearthside
17 W Broad St
BURLINGTON, NJ 08016

Description

A rare opportunity to own a prime mix use commercial building in the downtown Historic District of Burlington City. Excellent for any owner occupied professional with a business or investor. Build equity by subsidizing it with rental income. The building mix is presently that of Professional offices on the first floor, and, a two bedroom two bath residential unit on the 2nd floor which is beautifully decorated & maintained. The first floor front unit consist of 1140 SF with 2 powder rooms, with another 1038 SF office suite & private entrance.(Many options). The first floor presently has several professional office areas, in addition to a storage area/communications room. The offices are in excellent condition & the design is somewhat flexible to meet individual requirements. The office suite has a kitchenette area. Presently generates 2350.00 monthly income, but could be substantially increased. The first floor has an absentee tenant. But, the lease is still in effect, & will be until the end of the lease 10/31/18. There's also a completely upgraded 2 Bedroom Apartment on the 2nd. floor, w/(2) full baths. Located directly in front of the River Line Rail Station, & minutes from I-295, NJ Turnpike, Route 130, Burlington Bristol Bridge. Direct access to Major Highways, shore areas, restaurants, retailers, & businesses. Easy access to Philadelphia Int'l Airport, & Center city. It's where William Penn's Quakers founded West Jersey in 1677. The City of Burlington is a truly diverse, caring community on Delaware River that welcomes & respects all residents & visitors alike. Be one of the owners or investors to capitalize on Burlington's City's Redevelopment. This property is priced right, & won't last long.

Details

MLS#1004285115
StyleIndustrial
Sub-TypeResale
StatusActive
Year1890
Days On Site299

Features

Story(s)0
ZoningC-1

Market Activity 08016

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Area Information

StateNJ
CityBURLINGTON
Zip Code08016
AreaBurlington City (20305)
Listing VS Median (in 08016)
Price:
$229,000
low | high
Med:
$190,950
66.615720524017% of Average
On Site:
299
low | high
Med:
53
100% of Average
Listing Updated: 10/21/2018
MLS Number: 1004285115
Listing Provided By:
James L Moffa  of  Keller Williams Realty-Marlton

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