SoldDec 2, 2024

Listed and Bought with Jonathan Benstead from BHHS Fox & Roach-Marlton

Source: Bright MLS #NJBL2063850

2430 Route 206, Burlington County, NJ, 08060

$260,000

4
1856 sq. ft.
22215.6 sq. ft.

Duplex

30+ days on the market

Sold: Dec 2, 2024

What's around 2430 Route 206

About this property

***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.

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