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Sold for $260,000 on 12/02/24
  • $260,000

    2430 Route 206, Mount Holly, NJ 08060

    5beds
    --baths
    1,856sqft
    Triplex
    Built in 1950
    -- sqft lot
    $386,700 Zestimate®
    $140/sqft
    $1,895 Estimated rent

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    What's special

    ***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.

    Zillow last checked: 8 hours ago

    Listing updated: December 04, 2024 at 04:21am

    Listed by:

    Jon Benstead 856-465-9573,

    BHHS Fox & Roach-Marlton

    Bought with:

    Jon Benstead, 2296861

    BHHS Fox & Roach-Marlton

    Source: Bright MLS,MLS#: NJBL2063850MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Heating
    • Baseboard, Oil
    Cooling
    • Wall Unit(s), Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Exterior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 1,856
    • Total interior livable area: 1,856 sqft

    Property

    Parking
    • Parking features: Driveway, Parking Lot
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 0.51 Acres
    Details
    • Additional structures: Above Grade
    • Parcel number: 290078100001
    • Zoning: COMMERCIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch/Rambler
    • Property subtype: Triplex
    Materials
    • Vinyl Siding
    • Foundation: Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: On Site Septic
    • Water: Well

    Community & neighborhood

    Location
    • Region: Mount Holly
    • Municipality: MOUNT HOLLY TWP

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,Cash
    • Ownership: Fee Simple
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $386,700
    2% more+$7,734
    With Zillow Showcase(estimated)$394,434