Average square foot calculated using Size range provided by listing agent.
Description
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.Show Description
MLS® NumberNJBL2089362
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1930
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatBaseboard - Hot Water, Natural Gas
A/CCentral A/C
Heating Fuel
Extras
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