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.
DAYS ON MARKET
|
26
|
LAST UPDATED
|
6/13/2025
|
TRACT
|
NONE AVAILABLE
|
YEAR BUILT
|
1930
|
COMMUNITY
|
Mount Holly Twp (20323)
|
COUNTY
|
BURLINGTON
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
School District |
MOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS |
AIR |
Central Air |
AIR CONDITIONING |
Yes |
APPLIANCES |
Gas Water Heater |
AREA |
Mount Holly Twp (20323) |
CONSTRUCTION |
Block |
HEAT |
Baseboard, Natural Gas |
LOT |
2178 sq ft |
PARKING |
On Street, Driveway |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
2 |
STYLE |
Side-by-Side |
SUBDIVISION |
NONE AVAILABLE |
TAXES |
4234 |
WATER |
Public |
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