1-3 MADISON AVENUE Mount Holly, NJ $ 269,000
1-3 MADISON AVENUE
$ 269,000

1-3 MADISON AVENUE Mount Holly, NJ, 08060

$ 269,000
Bedrooms 2 Baths-- Sq 2,600

Monthly Estimate*

$ 1,043

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Commercial Property for sale in Mount Holly, NJ

for $269,000 with 2 bedrooms. This 2,600 square foot building was built in 1918 on a lot size of 56X145.

Permitted uses: restaurants, bars, coffee shops, clothing retail, furniture retail, art galleries, hair and nail salons/barber shops, and similar type businesses. Commercial property with 2 apartment rentals above it is 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 with its rent at $850 per month. Unit #2 is two bedrooms, one bathroom, living and dining room, kitchen, washer and dryer with its rent at $992 per month. Plenty of parking in the rear of the property. Plenty of shopping nearby and major roadways nearby. 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). 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!

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Commercial Active

Price

$ 269,000

Bedrooms

2

Property Type

Commercial

Taxes

$ 5,864

Style

Other / Unknown

Lot Size

56X145

Year Built

1918

Town/City

Mount Holly

County/Region

Burlington

MLS | Web ID

1007543594

Features
Room Sizes
Master Bedroom
Interior
Cooling System Gas
Heating Source Natural Gas
Heating System Forced Air Hot Water Heater: Gas
Sewer Public Sewer Sewer
Water Source Other Public Water
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Exterior
Construction Brick
Driveway Asphalt Driveway
Foundation Stone
Lot Description Level/Flat
Road Frontage Boro/Township
Roof Shingle Roof
Siding Vinyl
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Miscellaneous
Location Downtown
Public Transportation Location Nearby
Utilities Cable TV Available Electric Gas Phone Water
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Rental
Lease Terms Negotiable
Tenant Pays Electric Gas Hot Water
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* Excluded Features
List By
Jason Kreisman

Listing Agent

Weichert Realtors

Broker


Affordability

$ 1,532 per month
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Monthly Principal & Interest
$1,043
Monthly Property Taxes
$489
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby
MOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS School District
Pricing History
DatePricePrice ChangeDescription
12/10/2018$269,000 -2.18 % Price Down
9/28/2018$275,000 Listed Price

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1-3 MADISON AVENUE, Mount Holly, NJ, 08060 is a Commercial Property for sale at $269,000 with 2,600 sqft and a lot size of 56X145. 1-3 MADISON AVENUE has 2 bedroomsThe property's zip code is 08060 which is in Mount Holly, NJ