Turnkey Triplex with Rear
66 Pine Street Mount Holly, NJ 08060
For Sale
$450,000
Turnkey triplex with three units, recent upgrades, DCA compliance, and a large rear off-street parking area.
Property Size2,595 SF
Price / SF$173.41
Days on Market81
Property Features for 66 Pine Street
General Information
- Standard status
- Active
- Size
- 2,595 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1930
Listing Agency:
BHHS Fox & Roach-Marlton
(856) 381-7884
Listed By:
Dawn Varallo · License #1329291
(856) 381-7884
Source:
Compass
Added: May 4
Changed: Jul 23
Last Checked: Jul 23 at 9:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Fox & Roach-Marlton
Investment Insights
Based on property information with market context.
This turnkey triplex includes a spacious two-story front unit with a 3-bedroom layout and a walk-up attic that could support additional finished living space if desired. The rear of the property is configured with two 1-bedroom units, one on the first floor and one upstairs, providing separation between tenants and straightforward day-to-day management.
Recent improvements include new waterproof vinyl flooring throughout, a newer roof, a high-efficiency boiler and hot water heater, and an updated sewer system. The property is also DCA compliant.
A large rear parking area provides ample off-street parking for residents. Located in a desirable section of Mount Holly, the home is described as being close to local amenities, employment hubs, and major transportation routes, supporting ongoing rental demand.
Recent improvements include new waterproof vinyl flooring throughout, a newer roof, a high-efficiency boiler and hot water heater, and an updated sewer system. The property is also DCA compliant.
A large rear parking area provides ample off-street parking for residents. Located in a desirable section of Mount Holly, the home is described as being close to local amenities, employment hubs, and major transportation routes, supporting ongoing rental demand.
Key Highlights
- Turnkey 3‑unit triplex with a 3‑bedroom front unit plus two 1‑bedroom units (one on the first floor and one upstairs).
- Front unit includes a walk‑up attic with potential for a 4th bedroom or additional living space if finished.
- Recent upgrades include new waterproof vinyl flooring throughout, newer roof, high‑efficiency boiler and hot water heater, and an updated sewer system.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.1k | $21.60 |
| − Vacancy | −$2.9k | −$1.13 |
| EGI | $53.1k | $20.47 |
| − OpEx | −$15.9k | −$6.14 |
| NOI | $37.2k | $14.33 |
2,595 SF · lease $21.60/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$531.3K
$464.9K – $619.8K
NOI $37,188 @ 7.0% cap · market cap 8.26%
Second Best
Apartment 5plus
$485.6K
$424.9K – $566.5K
NOI $33,989 @ 7.0% cap · market cap 7.55%
Theoretical Best
Warehouse
$5.43M
$4.75M – $6.33M
NOI $379,917 @ 7.0% cap · market cap 84.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Turnkey triplex with three units, recent upgrades, DCA compliance, and a large rear off-street parking area.
Where is this triplex located?
The property is located at 66 Pine Street Mount Holly, NJ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Turnkey 3‑unit triplex with a 3‑bedroom front unit plus two 1‑bedroom units (one on the first floor and one upstairs).; Front unit includes a walk‑up attic with potential for a 4th bedroom or additional living space if finished.; Recent upgrades include new waterproof vinyl flooring throughout, newer roof, high‑efficiency boiler and hot water heater, and an updated sewer system.
