Mount Holly, NJ 08060,2430 ROUTE 206
See all 8 photos
Mount Holly, NJ 08060,2430 ROUTE 206
Mount Holly, NJ 08060,2430 ROUTE 206
Mount Holly, NJ 08060,2430 ROUTE 206
Mount Holly, NJ 08060,2430 ROUTE 206

$260,000

Est. payment /mo

$325,000

20.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2430 ROUTE 206 Mount Holly, NJ 08060

1,856 SqFt

SOLD DATE : 12/02/2024

Key Details

Sold Price $260,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,856 sqft

Price per Sqft $140

MLS Listing ID NJBL2063850

Style Ranch/Rambler

Year Built 1950

Annual Tax Amount $4,541

Tax Year 2022

Lot Size 0.510 Acres

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

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water, Baseboard - Electric

Cooling Wall Unit

Exterior

Water Access N

Building

Foundation Brick/Mortar

Sewer On Site Septic

Water Well

New Construction N

Schools

School District Mount Holly Township Public Schools

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Listed by Jonathan Zachary Benstead • BHHS Fox & Roach-Marlton
Bought with Jonathan Zachary Benstead • BHHS Fox & Roach-Marlton

Jason Gareau

Broker

+1(609) 929-4486

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.