Investor Special! Income-Producing Duplex in Desirable Mount Holly Borough!
Welcome to 50 W Monroe St, an incredible duplex investment opportunity located in the heart of desirable Mount Holly Borough. Whether you're an investor looking to grow your portfolio, searching for a cash-flowing rental property, or a savvy buyer interested in house hacking by living in one unit while renting the other, this property offers strong rental income potential, flexibility, and long-term value.
The property features two vacant units, giving the next owner the opportunity to set market rents immediately. The first unit is a 1-bedroom, 1-bath with projected market rents of approximately $2,000 per month, while the second unit is a spacious 3-bedroom, 1-bath with estimated market rents of approximately $2,300 per month. With both units delivered vacant, buyers have the flexibility to make updates if desired, move into one unit, or lease both for maximum income potential.
Offering an estimated combined rental income of approximately $4,300 per month, this income-producing multi-family property is an excellent opportunity for buy-and-hold investors, first-time investors, or owner-occupants looking to offset their mortgage with rental income.
Additional highlights include off-street parking, a huge backyard, separate living spaces, and excellent tenant appeal. Conveniently located just minutes from Mount Holly's vibrant Mill Street district, you'll enjoy easy access to popular restaurants, breweries, shopping, parks, and local businesses while remaining close to major highways for an easy commute.
Don't miss your chance to own a versatile investment property with outstanding cash flow potential in one of Burlington County's most desirable and growing communities. Schedule your private tour today!
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Listing Snapshot
Price
$299,000
Days On Site
128 Days
Bedrooms
4
Inside Area (SqFt)
1,200 sqft
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
0.11 Acres
Year Built
1930
MLS® Number
NJBL2112790
Status
Active
Property Tax
$4,670
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
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