2430 ROUTE 206, Mount Holly, NJ 08060 – NJBL2063850 - Joseph Lam

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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

$325,000

Est. payment - /mo

1,856 SqFt

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UPDATED:

10/21/2024 08:11 PM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,856 sqft

Price per Sqft $175

MLS Listing ID NJBL2063850

Style Ranch/Rambler

Abv Grd Liv Area 1,856

Originating Board BRIGHT

Year Built 1950

Annual Tax Amount $4,541

Tax Year 2022

Lot Size 0.510 Acres

Acres 0.51

Property Description

***OFFER HAS BEEN ACCPETED - NOT SCHEDULING ANY ADDITIONAL SHOWINGS AT THIS TIME***

9.42 CAP RATE! Excellent investment opportunity in Mount Holly, NJ. Conveniently located within minutes of several major highways and the NJ Turnpike offering easy access to Philadelphia. 2430 Route 206 features three fully occupied rental units with long-term tenants and excellent rental income. Unit 1 is a studio that rents out for $900, Unit 2 is a 2-bedroom that rents out for $1,200 & Unit 3 is a 2-bedroom that rents out for $1,200. All units are well maintained with significant upgrades throughout. There is a common patio shared by all three units and reserved onsite parking. Property is septic and well. All separate utilities in place for tenants with the landlord covering oil, insurance & taxes. This is an excellent investment opportunity with major upside.

Location

State NJ

County Burlington

Area Mount Holly Twp (20323)

Zoning COMMERCIAL

Rooms

Basement Outside Entrance

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water, Baseboard - Electric

Cooling Wall Unit

Heat Source Oil

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Sewer On Site Septic

Water Well

Architectural Style Ranch/Rambler

Additional Building Above Grade

New Construction N

Schools

School District Mount Holly Township Public Schools

Others

Tax ID 29-00781-00001

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

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Listed by Jonathan Zachary Benstead • BHHS Fox & Roach-Marlton

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262