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.
Property Features
Heating Information
Natural Gas
Baseboard
Parking
On Street
Driveway
Cooling Information
Central Air
Water Features
Public
Listing Courtesy: BHHS Fox & Roach-Marlton - 856-810-5300