Price Reduction - Views
1-3 Madison Avenue Mount Holly, NJ
$ 229,900
Property Attributes
  • MLS#1007543740
  • TypeMulti-Family
  • CityMount Holly
  • AreaMount Holly Twp
  • Zip08060
  • Style
  • Year Built1918
  • Taxes5712
  • Price$ 229,900
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size8,276 SqFt
Listing Provided Courtesy Of:
Weichert Realtors-Cherry Hill
Property Description

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!

Price History
9/28/2018 Listed $275,000
12/11/2018 3% - $269,000
1/23/2019 12% - $239,000
9/24/2019 4% - $229,900

General Features

Acceptable Financing Conventional, VA, FHA 203(b), USDA
Accessibility None
Avg. Electric Per Month 0.0
Cool Fuel None
Exclusions Negotiable
Garage Y/N No
MLS Area Mount Holly Twp (20323)
New Construction No
One Bedroom Units Count 1
Open Parking Spaces 2
Other Units Unit 1, Unit 2
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 88.42
Property SubType Duplex
Property Type Multi-Family
PropertyCondition As-is Condition
Structure Type Detached
Tax Year 2017
Total Units 3
Two Bedroom 1
Vacation Rental Y/N No
Zoning B1

Interior Features

Avg. Heating Oil Per Month 0.0
Basement Partial, Unfinished
Basement Y/N Yes
Central Air Y/N No
Cooling Wall Unit
Electric Other
Fireplace Y/N No
Furnished Units None
Heating Forced Air
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Laundry Type Washer In Unit, Dryer In Unit, None
Living Area 3800
Utilities Cable TV, Electric Available, Phone, Sewer Available, Water Available

Exterior Features

Architectural Style Other
Construction Materials Vinyl Siding, Brick
Exterior Features Sidewalks
Foundation Details Stone
Inclusions Negotiable
Lot Dimensions 56X145
Lot Features Backs - Open Common Area, Irregular
Lot Size Acres 0.19
Lot Size Source Other
Lot Size Square Feet 8120.00
Navigable Water Y/N No
Other Structures Above Grade, Below Grade
Parking Features Asphalt Driveway, Dirt Driveway
Pool Y/N No Pool
Road Surface Type Black Top
Roadresponsibility City/County
Roof Shingle
Sewer Public Sewer
Soil Types Unknown
Total Garage and Parking Spaces 2
Type of Parking Parking Lot
View City, Street
Water Access Y/N No
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 08060

AVG $160K
AVG $5,732
AVG 13
Year Built
AVG 1884
AVG 61
Data Provided by Walkscore ® not using MLS data

Looking for more comfortable experience?

Check out our mobile application and browse the properties as no other.

Areas We Cover