2430 Route 206, Mount Holly, NJ 08060
- $260,000
- 1,856
- SqFt
- Sold Price
- $260,000
- List Price
- $325,000
- Closing Date
- Dec 02, 2024
- Days on Market
- 232
- Status
- CLOSED
- MLS#
- NJBL2063850
- Living Area
- 1,856
- Lot Size (Acres)
- 0.51
- Style
- Ranch/Rambler
- Year Built
- 1950
- County
- Burlington
- School District
- Mount Holly Township Public Schools
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.
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Additional Information
- Area
- Mount Holly Twp (20323)
- Taxes
- $4,541
- Stories
- 1
- Heating
- Baseboard - Hot Water, Baseboard - Electric
- Cooling
- Wall Unit
- Water
- Well
- Sewer
- On Site Septic
Mortgage Calculator
Listing courtesy of BHHS Fox & Roach-Marlton. Contact:
Selling Office: .