129--131 HIGH ST new to site

Mount Holly,NJ 08060

$ 750000

- Bed

- Bath

0 SqFt


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

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