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.
Property Type
Multi-FamilySubdivision
None AvailableCounty
BURLINGTONStyle
Ranch/RamblerAD ID
45485228
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Well
Interior Features
- Basement Description: Outside Entrance
Heating & Cooling
- Cooling: Wall Unit
- Heating: Baseboard - Hot Water,Baseboard - Electric
- Cooling Fuel: Electric
- Heating Fuel: Oil
-
Exterior Features
Building Information
- Year Built: 1950
- Structure: Detached
- New Construction: No
- Total Units: 3
- Built: 1950
- Construction Material: Vinyl Siding
- Foundation/Basement: Brick/Mortar
- Architecture: Ranch/Rambler
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: On Site Septic
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 22,216
- Lot Size (Acres): 0.51
- Architectural Style: Ranch/Rambler
- Stories Total: 1
- Main Square Feet: 22,216
Property Information
- SQ ft: 1,856
- SQ ft (Living Area): 1,856
- Total Lot SQ ft: 22,216
- Financing: Conventional,Cash
- Total Acreage: 0.51
- New Construction: No
- Type: Ranch/Rambler
-
Listing Information
Listing Information
- Possession: 0-30 Days CD,31-60 Days CD,Negotiable
- Days Of Market: 189
-
Taxes / Assessments
Tax Information
- Annual Tax: $4,541
- Tax Year: 2022
- Total Taxes Payment Frequency: Annually
Possession
- 0-30 Days CD,31-60 Days CD,Negotiable
Assessment Information
- Taxes Assessment Amount: $170,600
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: Driveway,Parking Lot
Multi-Unit Information
- Acceptable Financing: Conventional,Cash
Homeowners Association Information
- Direction: Use GPS
-
School, Utilities & Location Details
School Information
- School District: MOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS
Utility Information
- Water Source: Well
- Sewer: On Site Septic
- Cooling Fuel: Electric
- Heating Fuel: Oil
- Hot Water: Natural Gas
Location Information
- Direction: Use GPS
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BuyOwner last updated this listing 11/21/2024 @ 14:39
- MLS: NJBL2063850
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 22,216 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of MOUNT HOLLY , in zip code 08060, this BURLINGTON County Other , it is in the NONE AVAILABLE Subdivision, and are nearby neighborhoods.