Commercial Sale - BURLINGTON, NJ
This is an Exceptionally well established income property with long term tenants all around!!! There are 4 income units. Income and expenses are: Chinese Restaurant New 5 year lease $1900/month ($2000 in 2018) 3rd floor residential apartment 5 Yr Lease $ 875/month ($900 in 2018). Established answering service $950/month 2nd floor apartment $850/month. Total Income $4575. All are long term tenants Chinese Restaurant 15 Plus Years 3rd floor residential apartment 15 Plus Years Established answering service 40 Plus Years 2nd floor apartment 6 Years EXPENSES Cleaning and Maintenance $500/year Insurance $4772/year Repairs $2120/2016 Supplies $450/year Taxes $10,248/2017 Utilities $1442/year License fees $150/year High Street in the center of Burlington City, a river front town with a positively developing main street.
Would you like more information regarding this property?
Please call (856) 316-1100.
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