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… Read More 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. Read Less
Courtesy of Jon Benstead, BHHS Fox & Roach-Marlton. [email protected].
Listing Snapshot
Days Online
51
Last Updated
Property Type
Twin Home
Beds
4
Full Baths
2
Square Ft.
1,760
Lot Size
0.05 Acres
Year Built
1930
MLS Number
NJBL2089362
30 Days Snapshot Of 08060
$411k
+1%
(avg) sold price
32
-5%
homes sold
26
-35%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1,760 sqft living area, 1,760 sqft above grade (finished), Built in 1930, Structure Type: Twin/Semi-Detached, 2 levels, Side-by-Side, Block
Cooling
Central Air, None, Central A/C
Foundation
Block
Heating
Natural Gas, Baseboard - Hot Water
Lot
1,999 sqft, 0.05 acres
Property
Other Structures: Above Grade
Sewer
Public Sewer
Taxes
Tax Annual Amount: $4,234, Tax Year: 2024
Utilities
Hot Water: Natural Gas
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