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Eco Friendly
Address
17 W Broad Street Burlington, NJ
Price
$ 219,000
Property Attributes
  • MLS#1004285115
  • TypeCommercial
  • CountyBURLINGTON
  • CityBurlington
  • AreaBurlington City
  • NeighborhoodNONE AVAILABLE
  • Zip08016
  • StyleApartment Building,Medical
  • Year Built1890
  • Taxes12218
  • Price$ 219,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2178
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Keller Williams Realty - Marlton
Property 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 Two Professional office suites 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. The apartment is now available for rent. It did have just for two of the suites (The apartment and office suite downstairs). $2350.00 monthly income, but could be substantially increased. We estimate the building could generate close to $3900.00 per month. 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. The building is separately zoned for all four units. There are two newer high energy efficient units in the two bedroom apartment. There are many options with the building. The upstairs rent could be increased significantly. We believe that the revenue can be easily increased to over $3900.00 per month if structured correctly....or, could be an excellent owner occupied, and subsidized by the added lease income.

Price History
12/7/2017 Listed $249,900
5/19/2018 9% - $229,000
11/5/2018 3% - $224,000
6/3/2019 3% - $219,000

General Features

Acceptable Financing Other
Accessibility None
Business Type Apartment Building, Medical
Cool Fuel Electric
County BURLINGTON
Exclusions Personal Property On First Floor Storage Room
Location Type Downtown
MLS Area Burlington City (20305)
New Construction No
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 100.55
Property SubType Office
Property Type Commercial Sale
Tax Year 2018
Vacation Rental Y/N No
Zoning C-1

Interior Features

Building Features Ceiling Fans, Display Window, Fencing, Fire Alarm, Kitchen
Central Air Y/N Yes
Cooling Central A/C
Electric 200+ Amp Service
Flooring Tile/Brick, Wood, Carpet, Vinyl
Heating 90% Forced Air, Baseboard - Hot Water
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Utilities Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Exterior Features

Building Area Total 2178.00
Construction Materials Brick, Block, CPVC/PVC
Exterior Amenities Highway Exposure, Public Transport Nearby, Rail System Extension, Sign
Foundation Details Stone
Lot Dimensions 37X119
Lot Size Acres 0.10
Lot Size Source Assessor
Lot Size Square Feet 4403.00
Navigable Water Y/N No
Road Surface Type US Highway/Interstate
Roadresponsibility Boro/Township, State
Roof Flat, Rubber
Sewer Public Sewer
Type of Parking None
Water Access Y/N No
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 08016

Price
AVG $400K
$220K
Taxes
AVG $8,912
$12,218
Visits
AVG 54
100
Year Built
AVG 1938
1890
Walkscore
AVG 55
84
Data Provided by Walkscore ® not using MLS data

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