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MOTIVATED SELLER! Price adjustment of $30,000! Bring all offers! Great location and revenue source!Two apartment rentals situated above a spacious retail/commercial space that’s located right in the heart of historic Mt. Holly. This income producing property is looking for its next investor. Both apartment rentals are currently tenant occupied. Unit #1 is one bedroom, one bathroom, kitchen and living room and its rent is $850.00 per month. Unit #2 is two bedrooms, one bathroom, living and dining room, kitchen, washer and dryer and rents for $992 per month. Plenty of parking in the rear of the property. Property being sold in as-is condition. Seller will make no repairs. Any and all inspections/certifications needed will be provided by the buyer(s). Plenty of shopping nearby and major roadways nearby. Make your appointment today! Commercial permitted uses: restaurants, bars, coffee shops, clothing retail, furniture retail, art galleries, hair and nail salons/barber shops, and similar type businesses. The property is located in a NJ Urban Enterprise Zone (UEZ) and may be eligible for many statewide taxation benefits. Learn more about this by visiting the NJ Department of Community Affairs website. Make an appointment today!

Property Highlights

Type

Multi-Family

Style

Detached, Other

Year Built

1918

Subdivision

MOUNT HOLLY GARDENS

Inside City

Not Specified, MOUNT HOLLY

County

BURLINGTON

Property Details for 1-3 MADISON AVE

1-3 MADISON AVE is a multi-family for sale in Mount Holly, NJ 08060. This SQFT multi-family sits on a 0.19 acre lot and features 0 bedrooms and 0 bathrooms. Built in 1918, this multi-family has been on the market for a total of 9 months and is currently priced at $239,000.

Bedrooms

One Bedroom Units
1
Two Bedroom Units
1

Other Rooms

Basement
Partial  /  Unfinished

Interior

Laundry
Dryer In Unit  /  None  /  Washer In Unit

Exterior

Exterior Features
Sidewalks
Roof
Shingle
Pool
No Pool
View
City  /  Street

Heating & Cooling

Central Air
No
Cooling
Wall Unit
Cooling Fuel
None
Heating
Forced Air
Heating Fuel
Natural Gas
Water Heater
Natural Gas

Services

Electric
Other
Water
Public
Sewer
Public Sewer
Available Utilities
Cable TV  /  Electric Available  /  Phone  /  Sewer Available  /  Water Available

Parking

Garage Spaces
0.00
Open Parking Spaces
2
Parking
Parking Lot
Parking Features
Asphalt Driveway  /  Dirt Driveway

Building

Levels
3
Total Finished SQFT
3800
Above Grade Finished SQFT
2600
Below Grade Finished SQFT
1200
Below Grade SQFT
1200
Property Sub Type
Multi-Family
Structure Type
Detached
Architectural Style
Other
Foundation
Stone
Accessibility Features
None
Other Structures
Above Grade  /  Below Grade

Construction

Year Built
1918
New Construction
No
Construction Materials
Brick  /  Vinyl Siding

Lot

Acres
0.19
Lot SQFT
8120.00
Zoning
B1
Lot Features
Backs - Open Common Area  /  Irregular

Land

Soil
Unknown

Waterbody

Waterfront
No
View of Water
No
Waterbody Tidal
No

Community

Subdivision
MOUNT HOLLY GARDENS
County
BURLINGTON

Schools

School District
MOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS

Address

Address
1-3 MADISON AVE, MOUNT HOLLY, NJ 08060
Street Address
1-3 MADISON AVE
City
MOUNT HOLLY
Zip
08060
Latitude
39.99171000
Longitude
-74.79300000
Directions
Route 38 to Madison Avenue to property.
State
NJ

Pricing

Sale Type
Sale
Price
$239,000
Price Per SQFT
$91.92

Status

MLS ID
1007543740
Status
Active
Published Date
September 26, 2018
Modified Date
June 20, 2019 at 8:46 AM

Taxes & Assessments

Tax Assessed Value
199500.0
Tax Lot
00005
Tax Year
2017

Terms

Exclusions
Negotiable
Inclusions
Negotiable
Road Responsibility
City/County

Source

Agent
Jason A Kreisman
Agent Phone Number
8567453550
Office
Weichert Realtors-Cherry Hill
Data Source
Bright MLS
Data Disclaimer
Copyright 2018 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. The property information is provided for personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be offered for sale because they are for instance, under contract, sold or are no longer being offered for sale. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Bright MLS. Real estate listings held by brokerage firms other than Copper Hill Real Estate, LLC will include the name of the listing broker(s) when required by the MLS.