$ 240,000
-
$240,000
Price -
4
Bed -
1.5
Bath -
1,816
SqFt
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About the Listing 54907 - 3364765
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.
Listing Highlights
Status
Active
Days on Site
109
Property Type
Residential
MLS ®
NJBL2095292
Year Built
1890
Total Square Footage
1,816
Lot/Acreage
0.05
Interior Details
- Bedrooms: 4
- Bathrooms: 1 Full / 1 Half
- Appliances:
- Air Cond: Wall Unit
- Heating: Hot Water,Radiator
- Fireplaces:
- Floor: Hardwood
- Above Ground Sq Ft: 1816
- Below Ground Sq Ft: 0
- Basement: Full,Unfinished
- Other: Kitchen - Eat-In,Carpet,Ceiling Fan(s),Formal/Separate Dining Room,Bathroom - Tub Shower,Crown Moldings,Wood Floors,No Pet Restrictions,Pets Allowed
- Water: Public
Exterior Details
- Lot Description: Rear Yard,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 19.00 x 106.00
- Zoning: TRN
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $4,879
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Questions About..
403 Wood St Burlington, NJ 08016
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