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📍 466 Logan Street, Burlington, NJ 08016
Price: Starting at $175,000
Est. ARV: $250,000+
2026 FMR: $2,050+ / month
🔥 Cosmetic Quick Flip OR Rent-Ready Buy & Hold Opportunity
🏡 Property Details:
Condition:
Well maintained with good bones — cosmetic updates only (paint, flooring, kitchen/bath refresh).
📊 Flip Scenario (Conservative)
Purchase Price: $175,000
Estimated Rehab (Cosmetic): $25,000–$35,000
Total Investment: ~$210,000
Projected ARV: $250,000+
Potential Gross Spread: $40,000+ before holding & selling costs
Given nearby comps pushing into the $265K–$290K range, there’s strong upside depending on finish level.
🏘️ Rental Scenario
2026 FMR: $2,050+ / month
Annual Gross Rent: ~$24,600
Low taxes + cosmetic condition = strong rent-ready candidate with minimal upfront capital improvements.
Great fit for:
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Section 8 strategy
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Long-term rental
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BRRRR investors
📈 Comparable Sales
-
56 W Pearl St – 2BD | 1.5BA | 840 SF – Sold $265,500
-
81 W 5th St – 2BD | 1BA | 896 SF – Sold $220,000
-
1216 High St – 2BD | 1.5BA | 1,074 SF – Sold $290,000
-
210 York St – 3BD | 1.5BA | 1,378 SF – Sold $250,000
Subject property is 1,334 SF, making it larger than most 2-bed comps.
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