403 WOOD ST Active Save Request In-Person Tour Request Virtual Tour
Burlington,NJ 08016
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,816 sqft
Price per Sqft $140
Subdivision Burlington Gardens
MLS Listing ID NJBL2095292
Style Traditional,Colonial
Bedrooms 4
Full Baths 1
Half Baths 1
Year Built 1890
Annual Tax Amount $4,879
Tax Year 2024
Lot Size 2,012 Sqft
Property Sub-Type Twin/Semi-Detached
Property Description
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.
Location
State NJ
County Burlington
Area Burlington City (20305)
Zoning TRN
Rooms
Other Rooms Living Room,Dining Room,Primary Bedroom,Bedroom 2,Bedroom 3,Bedroom 5,Kitchen,Basement,Sun/Florida Room,Bathroom 1
Interior
Hot Water Natural Gas
Heating Hot Water,Radiator
Cooling Wall Unit
Flooring Hardwood
Laundry Basement
Exterior
Exterior Feature Patio(s),Porch(es),Enclosed
Utilities Available Cable TV,Natural Gas Available
Water Access N
Roof Type Shingle
Building
Lot Description Rear Yard
Story 3
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Plaster Walls
New Construction N
Schools
School District Burlington City Schools
Others
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Special Listing Condition Standard
Pets Allowed No Pet Restrictions