Attention investors — 107 Willow Turn in Mount Laurel presents another compelling income-producing opportunity in one of South Jersey's most consistently strong rental markets, and as an end unit, it offers the added appeal that quality tenants actively seek out. Both units are rented month-to-month — Unit A is a 2-bedroom, 2-bath currently at $1,350/month and Unit B is a 3-bedroom, 2-bath currently at $1,525/month — generating $2,875 in combined monthly income and $34,500 in annual gross revenue from day one. The upside here is significant: current market rents for comparable units in Mount Laurel are approximately $2,200/month for a 2-bedroom, 2-bath and $2,400/month for a 3-bedroom, 2-bath — meaning targeted cosmetic improvements between tenancies and a disciplined lease renewal strategy could push combined monthly income toward $4,600, representing a potential increase of over $1,700 per month and more than $20,000 in additional annual gross income. Tenants pay their own electric, and while the landlord pays water, it is billed back to the tenants — keeping net operating expenses limited to sewer only and making this an exceptionally lean asset to operate. There is no HOA, eliminating an additional expense and giving the new owner maximum flexibility over the property. An attached garage rounds out a strong package. This property is also available as part of a two-property portfolio acquisition alongside 105A Willow Turn — offering a combined annual gross income of $71,400 at current rents, with a combined market rate upside significantly better once both properties are stabilized. Mount Laurel's access to I-295, the New Jersey Turnpike, Route 73, and Route 38 — approximately 20 minutes to Philadelphia and an hour to the Jersey Shore — ensures consistent tenant demand and low vacancy. Whether you are building a portfolio or making your first investment move, 107 Willow Turn is worth a serious look. Contact the listing agent to schedule your showing today.

Listing courtesy of BHHS Fox & Roach-Washington-Gloucester



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.