2430 Route 206

Burlington County NJ 08060

1856 sq. ft.

12397 sq. ft.

Duplex

Currently for sale - view listing

Overview

***Property SOLD 12/2024. A majority of the owner's multifamily portfolio is located throughout North Jersey and owner is selling because they prefer the North Jersey market***Property being sold strictly As-Is.*** Since being purchased in December 2024, the owner has made significant upgrades to this investment property in Mount Holly, NJ, including a brand-new roof, upgraded mechanicals, and a replaced boiler. Conveniently located near major highways and the NJ Turnpike for easy access to Philadelphia, the property features three fully occupied rental units: a studio renting for $900, and two 2-bedroom units each renting for $1,200. All units are well maintained and upgraded, with a shared common patio and reserved onsite parking. The property operates on septic and well systems, with separate utilities for tenants while the landlord covers oil, insurance, and taxes. This offers an excellent CAP rate and rental history.