202 Foundry Street, FLORENCE, NJ 08518 (MLS # NJBL2092754)
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Investor Alert - Property was sold, but buyer's 1031 exhange fell through. Brand new, completely rebuilt 4-unit multifamily property! This FULLY occupied 4-unit Multifamily property in Florence, NJ at 202 Foundry Street presents an excellent investment opportunity. The property features four rental units with long-term tenants, offering one 3-Bedroom unit; one 2-Bedroom unit; & two 1-Bedroom units. Conveniently located near I-295 and the NJ Turnpike, it provides easy access to Philadelphia and New York City. Completely rebuilt property in 2021, including structure/framework, new roof, windows, mechanicals, and significant upgrades throughout each unit. With an Annual Rental Income exceeding $85,000, this property is a profitable investment for buyers seeking stable income. Ideal for seasoned investors or those starting their real estate portfolio, this property offers passive income and wealth-building potential. Don't miss out on owning this fully occupied Multifamily property in a prime location.
| DAYS ON MARKET | 6 | LAST UPDATED | 7/21/2025 |
|---|---|---|---|
| YEAR BUILT | 1940 | COMMUNITY | Florence Twp (20315) |
| COUNTY | BURLINGTON | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | FLORENCE TOWNSHIP PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Florence Twp (20315) |
| CONSTRUCTION | Brick |
| HEAT | Baseboard, Natural Gas |
| LOT | 2614 sq ft |
| PARKING | On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STYLE | Other |
| TAXES | 12541 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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