315 Burlington Avenue, DELANCO, NJ 08075 (MLS # NJBL2097066)
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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.
| DAYS ON MARKET | 11 | LAST UPDATED | 10/2/2025 |
|---|---|---|---|
| YEAR BUILT | 1880 | COMMUNITY | Delanco Twp (20309) |
| COUNTY | BURLINGTON | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | DELANCO TOWNSHIP PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Delanco Twp (20309) |
| CONSTRUCTION | Frame |
| HEAT | Baseboard, Natural Gas |
| LOT | 6098 sq ft |
| PARKING | On Street, Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STYLE | Other |
| TAXES | 6802 |
| WATER | Public |
MORTGAGE CALCULATOR
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