2430 Route 206
MOUNT HOLLY, NJ 08060
- – beds
- – baths
- 1,856 sqft
- ~1/2 acre lot
- $175 per sqft
- 1950 build
***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.
Last checked:
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Last updated Oct 21, 2024
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MLS# NJBL2063850 —
The Building
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Year Built:1950
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Vinyl Siding
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Structure Type:Detached
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Architectural Style:Ranch/Rambler
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Building Levels:1
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Building Units Total:3
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Accessibility Features:None
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Foundation Details:Brick/Mortar
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Basement:Yes
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Basement Type:Outside Entrance
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Total SqFt Source:Estimated
Interior
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:1856
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Living Area SqFt:1,856 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Conventional, Cash
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Possession:0-30 Days CD, 31-60 Days CD, Negotiable
Location
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Directions:Use GPS
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Latitude:39.98265000
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Longitude:-74.73558000
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.51
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Lot Size Source:Estimated
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Lot SqFt:22,215 Sqft
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Zoning:COMMERCIAL
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Other Structures:Above Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (856) 465-9573
- Office phone:
- (856) 810-5300
Taxes
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Tax ID Number:29-00781-00001
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Tax Year:2022
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Tax Lot:00001
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Tax Annual Amount:$4,541
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Tax Assessed Value:$170,600
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Year Assessed:2022
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Wall Unit
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Baseboard - Hot Water, Baseboard - Electric
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Heating Fuel:Oil
Utilities
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Sewer/Septic:On Site Septic
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Hot Water:Natural Gas
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Water Source:Well
Schools
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School District Name:Mount Holly Township Public Schools
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:Driveway, Parking Lot
Extra Units
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Vacation Rental:No
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Single Room Units:1
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Two Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/17/24
Apr 17, 2024
|
Listed / Active | BRIGHT | $325,000 |
