Mount Holly NJ Multi Family for Sale
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- NJBL2072340
ADDITIONAL INFORMATION
GREAT INVESTMENT OPPORTUNITY FOR SMALL BUSINESS OWNERS AND ENTREPRENEURS! This is a must-see for anyone looking to start their own business. Check it out before it's too late! Spacious 1st Floor RETAIL space located in downtown historical Mount Holly with low monthly rent. It's currently a restaurant. This is a place where you can upstart and grow your own business. It's in the UEZ Commercial zone and has a diverse number of uses for your own business, including a restaurant, bar, beauty salon/barber shop, art gallery, coffee shop, and so much more potential (obtain more information on applications for funding via possible grants or loan applications to outfit your business from the County or State UEZ Department). This storefront was previously used as a food service shop and has a mop sink included. It hosts 2 bathrooms with extra space to outfit another one if you desire, (consult a Licensed Contractor). This building is being sold as-is. There are 2 built-in heating/air conditioning units already in place, and also have ductwork and hookups available if you want to install a condenser unit to convert to central air and heat (consult a licensed contractor). There is an opportunity to also subdivide the business into 2 or 3 business opportunities (must be approved by the township planning board). There are 2 separate front door entrances in the front and a rear door entrance as well. In the store, all bathrooms, floorings, and kitchen was completely renovated. The roof is metal and had a partial replacement. All commercial windows, front doors, and apartment windows were replaced. The plumbing and electrical were updated. All new gutters were recently installed. The restaurant downstairs, 2 bedroom apartment and 1 bedroom apartment upstairs, are fully leased. The restaurant is paying $2,275.00 a month; the 1 bedroom apartment upstairs is currently paying $1,650.00 a month rent; and, the 2 bedroom apartment upstairs is currently paying $1,850.00 a month rent, bringing the total monthly rent to $5,775.00 a month revenue; $69,300 annual gross income. All tenants pay their own utilities and the water bill is split 3 ways between the tenants. This building is in a great location down the street from Virtua Memorial Hospital and at the corner of Madison and Washington streets where the NJ Transit bus stop is located. PLEASE DO NOT APPROACH THE OWNER OF ZADDY'S RESTAURANT. Make your offer before it's too late !!!
$325,000
2430 Route 206 Mount Holly, NJ 08060
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.51 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- NJBL2063850
ADDITIONAL INFORMATION
***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.
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1896
- Baths:
- MLS#:
- NJBL2057570
ADDITIONAL INFORMATION
Opportunity awaits the new owner. This building was the Old Buzz Tavern and is conveniently located on the corner of Rancocas and King just across from the County Court House. This property needs a major rehab. Current building materials are onsite and are included in the sale. Large commercial Ansul system included. There is also a large apartment unit located on the second and third floors which can offer a large living room area, an eat in kitchen, a full bath or two and three to four beds. Parking lot included, located in rear of building off King St, can accommodate approximately 20+ cars.
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Mount Holly Real Estate
The median home value in Mount Holly, NJ is $378,250. This is higher than the county median home value of $237,100. The national median home value is $219,700. The average price of homes sold in Mount Holly, NJ is $378,250. Approximately 56.02% of Mount Holly homes are owned, compared to 31.46% rented, while 12.52% are vacant. Mount Holly real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mount Holly real estate agent to arrange a tour today!
Mount Holly, New Jersey has a population of 9,536. Mount Holly is less family-centric than the surrounding county with 25.62% of the households containing married families with children. The county average for households married with children is 32.59%.
The median household income in Mount Holly, New Jersey is $60,656. The median household income for the surrounding county is $82,839 compared to the national median of $57,652. The median age of people living in Mount Holly is 37.8 years.
Mount Holly Weather
The average high temperature in July is 86.5 degrees, with an average low temperature in January of 24 degrees. The average rainfall is approximately 47.3 inches per year, with 16 inches of snow per year.