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Mount Holly,NJ 08060
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Historic District
MLS Listing ID NJBL2076678
Year Built 1875
Annual Tax Amount $11,487
Tax Year 2024
Lot Size 0.285 Acres
Property Description
Welcome to this mixed-use 10-unit building?a rare investment opportunity bursting with potential!
With the groundwork already underway, this property has been cleaned out from its original state, and studs have been erected according to engineering plans, setting the stage for a seamless transformation.
Boasting the ability to generate between $90,000 and $110,000 annually, it features eight office spaces and two residential units, making it a highly versatile investment.
Alternatively, you have the potential to change the property to 4 residential units under local zoning laws. Or if you're ready to work with the state, you can bring the property into full compliance with residential standards and transform it into a 7- or 8-unit residential building for even more effortless yearly income potential.
Whether you're planning a tailored renovation or a complete residential conversion, this gem is ready to shine.
Don?t miss this opportunity to unlock its full earning potential and make it the crown jewel of your portfolio!"
Location
State NJ
County Burlington
Area Mount Holly Twp (20323)
Zoning OB
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Exterior
Garage Spaces 10.0
Utilities Available Natural Gas Available
Waterfront N
Water Access N
View Street
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Mount Holly Township Public Schools
Others
Acceptable Financing Conventional,FHA 203(k),Cash
Listing Terms Conventional,FHA 203(k),Cash
Special Listing Condition Standard