325 N Burlington Street

MULTIPLE OFFERS REC'D. PLEASE SUBMIT HIGHEST & BEST BY 7pm MON 9/16. (CLEAN OFFERS. NO ESCALATION CLAUSES, No seller love letters); INCLUDE your TERMS such as whether buyer will waive inspection, guarantee appraisal - appraisal gap coverage, etc. TURNKEY INVESTMENT OPPORTUNITY WITH GREAT CASH FLOW! Current rents are $1920 Unit 1 and $1350 unit 2. HUD FMR tables for 2025 show $1600 for a 1 bedroom (unit2) and $2300 FOR A 3 BEDROOM (Unit1) allowing for rents up to $3900/month in Year 2025. Renovated (2020-21) DUPLEX which consists of a 1st Floor 3 bedroom, 1 bath apartment & a 2nd floor 1 bedroom 1 bath unit in desirable Gloucester City. In 2021 the additions were: New HVAC with gas heat & central air. Vinyl plank wood-look floors, neutral theme, fresh white paint and a white and gray color scheme throughout. Tile floors in bathroom, vinyl everywhere else. New kitchens, baths & laundry including Stainless steel appliances, Quartz counter tops with a Carrera marble look; tile backsplash; microwave, refrigerator, & Washer/dryer. Full Basement used only by unit 1 and shared use of Front porch. Unit 1 has exclusive use of the fenced yard! Non-smoking units and no pets! Both long-term tenants with good rental history who are keeping units nicely maintained. AS-IS Where-is; Inspections for buyer info only-this is firm! Sellers prefer use of Infinity Title Agency.