Photo of 40 Union Street, Mount Holly NJ
     
40 Union Street
Mount Holly, NJ 08060
Mount Holly Township
Mount Holly Township
Burlington County
Asking Price$315,000
# of Units2
1 Bdrm Units1
3 Bdrm Units1
Acres0.09
Interior SqFt2,132
Age140
HeatingNatural Gas
Cooling 
WaterPublic
SewerPublic
Garages0
Taxes (2024)6,143

Description
Don’t miss this exceptional investment opportunity in the heart of Mt. Holly! This well-maintained duplex features a one-bedroom unit downstairs and a three-bedroom unit upstairs, both with long-term tenants in place, ensuring immediate rental income.Property Details The Downstairs Unit includes 1-bedroom, currently leased with a long-term tenant. The Upstairs unit offers 3-bedrooms with additional large bonus rooms. It has also been leased to a long-term tenant. Each unit has separate gas-fueled hot water radiator heating and electric meters, offering tenants independent control over their utilities. Water and sewerage were historically covered by the landlord, presenting an opportunity for potential changes in utility management. Both leases are eligible for renewal, allowing for flexibility in future rental arrangements. 40 Union is ideally situated just down the street from Virtua Memorial Hospital and a short commute to Joint Base McGuire-Dix-Lakehurst (JBMDL), making it an attractive option for tenants and ensuring strong rental security. Only a short walk to the Mt. Holly business district, which boasts a vibrant array of dining , entertainment and shopping options, and various houses of worship. Mt. Holly offers a well-maintained park system, and is home to the renowned Rancocas Valley Regional High School. All schools are just a short walk from the property. Close proximity to major transportation routes, provides easy access to Philadelphia, NYC, and the Jersey Shore. This property presents an outstanding opportunity for investors looking to secure a reliable income stream in an active real estate market. Additionally, the option to live in one unit while renting the other could help supplement mortgage costs. Properties like this seldom appear on the market, making this an excellent investment choice. Don't miss out on the chance to add this duplex to your portfolio! Feel free to reach out for more information or to schedule a viewing!

Room Sizes

Location


Driving Directions
High st to Broad St, go 1 block and turn right on Buttonwood St, then go 1 block and turn right onto Union St to #40 on the left.

Details
Architectural Type - Colonial, Converted Dwelling
Parking - Unassigned, On Street
Flooring - Hardwood
Basement - Full, Interior Access, Unfinished, Brick/Mortar, Stone
Interior Features - 2nd Kitchen
Appliances - Refrigerator, Stove, Dryer, Washer
Exterior Features - Outbuilding(s), Brick, Copper Plumbing, Frame, Mixed Plumbing
Heating - Hot Water, Radiator, Natural Gas
Hot Water - Natural Gas
Sewer - Public Sewer
Water - Public
Additional Utilities - Natural Gas Available, Electric Available, Electric: 100 Amp Service

Notes
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Assessment : 0
Latitude : 39.997276
Longitude : -74.787125
EveryHome Number : JBL209-51010
Listing Courtesy Better Homes and Gardens Real Estate Maturo
Zoning Designation R3