OfferMarket

466 Logan Ave, Burlington, NJ 08016, USA

$175,000

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APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET INSTANT LOAN QUOTE AND PRE APPROVAL

📍 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:

  • 2 Beds | 1.5 Baths

  • 1,334 Sq Ft

  • Single Family Home

  • Public Water & Sewer

  • Gas Heat

  • Central A/C

  • Mechanicals in Good Condition

  • Roof & Windows Under 10 Years Old

  • Taxes: $3,858/year

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:

  • Section 8 strategy

  • Long-term rental

  • 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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