***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.
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
Owner options
What's special
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#: NJBL2063850
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