31 Bispham Street Mount Holly, NJ 08060

$405,000
4
Beds
2
Baths
0.05
Acres
1,760
SQFT
230
$/SQFT
$405,000
4
Beds
2
Baths
1,760   sf
$230 / sf
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Burlington
  • Area
    Mount Holly Twp
  • Tax Amount
    $4,234
  • Status
    Active
  • Listing #
    NJBL2089362
  • Built
    1930
  • Lot Size
    0.05
  • Listed on site
    2 days
  • Listing Agent Id
    1700001743728

Listed by:
BHHS Fox & Roach-Marlton

Source:
BRIGHT MLS

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Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning
  • Main Floor Bedroom
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