131 RANCOCAS ROAD, Mount Holly, NJ 08060

$235,000 Asking Price

2 beds
2 baths
1,843  sqft
Built in 1900

Welcome to 131 Rancoas Rd! This mixed-use duplex, located near downtown Mount Holly, this investment opportunity offers immediate rental income of $1,000 per month. The first floor is vacant and ready for a an owner operator or investor looking to run a restaraunt/commercial kitchen, while the second floor is a 2 -bedroom apartment currently rented for $1,000/month. Upstairs fair market rent through HUD is $1,570. Note: Upstairs unit photos were taken prior to this tenant’s occupancy. A perfect blend of commercial and residential units in a high traffic location!


Features & Amenities

Interior

General:
Kitchen - Eat-In
Rooms:
Living Room,Primary Bedroom,Kitchen,Other
Laundry:
None
Basement:
Partial
A/C:
Central A/C,Wall Unit
Heating:
Y, Forced Air, Natural Gas
Disability Feature:
None

Exterior

General:
Above Grade
Style:
Colonial

Construction

General:
Aluminum Siding, 2, Brick/Mortar

Location

Originating MLS:
BRIGHT_MAIN
School District:
RANCOCAS VALLEY REGIONAL SCHOOLS
County:
BURLINGTON

Lot

Zoning:
R3, 23-00041-00036

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN
Exclusions:
Tenant's Personal Property

This listing courtesy of:
Weichert Realtors-Burlington, Susan Ringenary

About Mount Holly, NJ

Housing

Number of Units
10,394
Median Home Value
$241,262
Median Rent
$1,206

30.49% of housing units are renter occupied.

6.06% are vacant.

Commute

Car
72.61%
Public Transportation
1.36%
Walk to Work
1.00%
Work from Home
24.32%
Other
0.70%

The median travel time to work is 24 minutes.

People

Population
25,764
Median Age
38.00
Median Household Size
2.83

Education

High School
28.41%
Associate’s Degree
11.11%
Bachelor’s Degree
26.55%
Graduate Degree
9.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: