See Home Value
Burlington 08016
17 W BROAD STREET
$309,511*
Commercial - Off Market

17 W BROAD STREET

BURLINGTON, NJ 08016
bedrooms
Studio
bathrooms
0 Bath
$198,000 - $240,000
Reference Base Price*
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

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.
Unit Size
-
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$12,218
HOA Dues
-
Year Built
1890

Price History

Date / Event Date Event Price
May 3, 2020 No longer available -
No longer available
Jun 5, 2019 Price Change $219,000
Price Change
Apr 2, 2019 Relisted -
Relisted
Apr 1, 2019 No longer available -
No longer available
Mar 30, 2019 No longer available -
No longer available
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Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180907
09/07/2018
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-
20171205
12/05/2017
Studio
-
-
$229,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

17 West Broad Street 17 West Broad Street, Burlington, NJ 08016
More about this Building
17 West Broad Street
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About Burlington


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