$255,000
$5k
403 Wood St, Burlington, NJ 08016
- 4Beds
- 2Baths
- 1816SqFt
- 4Beds
- 2Baths
- 1816SqFt
- Property TypeTownhouse
- Year Built1890
- Price per Sqft$140
- On highrises104 Days
Property Details
Welcome to 403 Wood St in Burlington, NJ - a beautifully refreshed property offering both immediate comfort and long-term upside. Recently vacated and no longer tenant-occupied, this home was previously rented for $2,400 per month, generating $28,800 annually and supporting an impressive 8.7%-9% cap rate at the current asking price. This strong rental history showcases the property's reliability and earning power for investors or owner-occupants exploring future rental opportunities. The home has been freshly painted throughout, creating a clean and inviting interior. The previous tenant completed helpful updates including newer kitchen appliances, upgraded toilets, interior repainting, and backyard landscaping, adding value and reducing the need for immediate repairs. For buyers seeking added customization, the seller is open to renovating the kitchen with the right offer, or alternatively offering closing cost assistance, providing flexible options to make this property fit your needs. Located just minutes from the Delaware River waterfront, with quick access to Route 130, I-295, and the NJ Transit River Line, this home sits in a high-demand area poised for continued growth. Whether you're an investor seeking strong long-term returns or a homebuyer wanting a move-in-ready property with upgrade potential, 403 Wood St delivers stability, convenience, and opportunity.
Property Features
Bedrooms
- Bedrooms: 4
- Primary Bedroom Dimensions: 13' x 12'
- Bedroom 2 Dimensions: 11' x 10'
- Bedroom 3 Dimensions: 22' x 15'
- Primary Bedroom Level: Upper 1
- 2nd Primary Bedroom Level: Unspecified
- Bedroom 2 Level: Upper 1
- Bedroom 3 Level: Upper 1
- Bedroom 5 Level: Upper 2
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Steven
- state license#2442760
- Brokered by:
- Realtymark Properties
- (856) 322-0200