31 BISPHAM ST new to site Save Request In-Person Tour Request Virtual Tour
Mount Holly,NJ 08060
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,760 sqft
Price per Sqft $230
Subdivision None Available
MLS Listing ID NJBL2089362
Style Side-by-Side
Bedrooms 4
Full Baths 2
Year Built 1930
Annual Tax Amount $4,234
Tax Year 2024
Lot Size 1,999 Sqft
Property Sub-Type Twin/Semi-Detached
Property Description
Excellent investment opportunity in Mount Holly, NJ that produces a 9% CAP RATE! P&L attached in the documents section.
31 Bispham Street features two fully occupied rental units with long-term tenants and excellent rental income. The downstairs unit is a 2-bedroom 1 bath and rents out for $1,650. The upstairs unit is 2-bedroom 1 bath that rents out for $1,950. All units are well maintained with significant upgrades throughout. There is seperate washer and dryer onsite designated for each unit. All separate utilities in place for tenants with the landlord covering water/sewer, insurance & taxes. Water/Sewer - $1,200, Insurance - $1,855, Taxes $3,841. Conveniently located within minutes of several major highways and the NJ Turnpike offering easy access to Philadelphia. This is an excellent investment opportunity with major upside.
Location
State NJ
County Burlington
Area Mount Holly Twp (20323)
Zoning MULTIFAMILY
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Central A/C
Exterior
Water Access N
Building
Story 2
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Mount Holly Township Public Schools
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Special Listing Condition Standard