Welcome to Your Next Investment Opportunity!
Multi-Family 2-Unit Home | Fully Tenanted | Income-Generating Potential
Discover the charm and potential of this well-maintained "AS IS" 2-family home, ideally suited for investors or owner-occupants looking to generate consistent rental income. Both units are occupied by long-term, reliable tenants who have maintained timely payments over the years, with a month-to-month lease contract.
With a touch of renovation and sweat equity, this property can be transformed into an even more profitable income-producing asset!
Unit 1 (First Floor): 2 Bedrooms; 1 Sower Bath; Spacious Living Room; Full Kitchen with Appliances Included; Private Access to a Large Deck Porch; Access to a partially finished full basement with utilitu area.
Unit 2 (Second Floor): 1 Bedroom 1 Full Tub Bathroom; Comfortable Living Room; Fully Equipped Kitchen; Stair Access to a Partially Finished Attic (Greato Storage or Bonus space!); Private Front Entrance.
The home sits on a generous fully fenced backyard, perfect for outdoor gatherings, family fun, or entertaining guests. The long side driveway offers parking for 3-4 vehicles, extending conveniently to the backyard area.
In 2023, a brand-new sump pump system was installed to ensure enhanced protection against water intrusion, helping to maintain a dry and secure basement. This upgrade adds significant value by preventing potential moisture damage, improving overall home durability, and providing peace of mind during heavy rains or storms.
Flexible Usage Options: Live in one unit and let the other help pay your mortgage; Or keep both units rented for strong cash flow; Eligible for a residential loan (up to 4 units) if owner-occupied. Wether you're a savy investor or a first-time buyer seeking possive income, this multi-family gem offers endless opportunity and upside potential!
Seller's Disclosure has attached: The seller has provided information to the best of his knowledge; however, buyers are strongly encouraged to conduct their own diligence and independent investigation regarding the condition and features of the property. A very Motivated Seller will accept all offers AS IS, NO CONTINGENCIES TO HOME INSPECTION and Buyer responsible for the Twsp "CO".
DAYS ON MARKET
|
85
|
LAST UPDATED
|
7/17/2025
|
YEAR BUILT
|
1914
|
COMMUNITY
|
Burlington City (20305)
|
COUNTY
|
BURLINGTON
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
School District |
BURLINGTON CITY SCHOOLS |
Jr. High School |
BURLINGTON CITY HIGH SCHOOL |
High School |
BURLINGTON CITY H.S. |
Prior to Jun 23, '25
|
$288,500
|
Jun 23, '25 - Today |
$249,000 |
AIR |
Ceiling Fan(s), Electric, Heat Pump, Wall Unit(s), Window Unit(s) |
AIR CONDITIONING |
Yes |
APPLIANCES |
Gas Water Heater |
AREA |
Burlington City (20305) |
CONSTRUCTION |
Frame |
HEAT |
Forced Air, Natural Gas |
INTERIOR |
Ceiling Fan(s) |
LOT |
4792 sq ft |
LOT DESCRIPTION |
Back Yard, Other |
LOT DIMENSIONS |
30.00 x 153.00 |
PARKING |
Driveway, Off Site, Detached Carport, Detached |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
2 |
STYLE |
Colonial, Dwelling with Rental, Traditional |
TAXES |
5204 |
WATER |
Public |
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