50 W Monroe St, Mount Holly, NJ 08060

$299,000
4
BD
2
BA
1,200
SqFt

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List Price
$299,000
Price Change
▼ $6,000 1784116214
Days on Market
63
Status
ACTIVE
MLS#
NJBL2112790
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,200
Lot Size (Acres)
0.11
Style
Traditional
Year Built
1930
County
Burlington
School District
Rancocas Valley Regional Schools

Property Description

Investor Special! Income-Producing Duplex in Desirable Mount Holly Borough! Welcome to 50 W Monroe St, an incredible duplex investment opportunity located in the heart of desirable Mount Holly Borough. Whether you're an investor looking to grow your portfolio, searching for a cash-flowing rental property, or a savvy buyer interested in house hacking by living in one unit while renting the other, this property offers strong rental income potential, flexibility, and long-term value. The property features two vacant units, giving the next owner the opportunity to set market rents immediately. The first unit is a 1-bedroom, 1-bath with projected market rents of approximately $2,000 per month, while the second unit is a spacious 3-bedroom, 1-bath with estimated market rents of approximately $2,300 per month. With both units delivered vacant, buyers have the flexibility to make updates if desired, move into one unit, or lease both for maximum income potential. Offering an estimated combined rental income of approximately $4,300 per month, this income-producing multi-family property is an excellent opportunity for buy-and-hold investors, first-time investors, or owner-occupants looking to offset their mortgage with rental income. Additional highlights include off-street parking, a huge backyard, separate living spaces, and excellent tenant appeal. Conveniently located just minutes from Mount Holly's vibrant Mill Street district, you'll enjoy easy access to popular restaurants, breweries, shopping, parks, and local businesses while remaining close to major highways for an easy commute. Don't miss your chance to own a versatile investment property with outstanding cash flow potential in one of Burlington County's most desirable and growing communities. Schedule your private tour today!

Additional Information

Area
Mount Holly Twp (20323)
Subdivision
None Available
Taxes
$4670
Interior Features
Kitchen - Eat-In
School District
Rancocas Valley Regional Schools
Flooring
Laminated
Exterior Features
Sidewalks, Street Lights, Exterior Lighting
View
Water
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
None
Water
Public
Sewer
Private Sewer
Room Level
Kitchen: Main, Primary Bedroom: Unspecified, Primary Bedroom: Main, Living Room: Main, Other: Upper 1
Basement
Yes

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of EXP Realty, LLC. Contact: (866) 201-6210