Turnkey Triplex Investment

MOUNT HOLLY, NJ 08060 Mount Holly, NJ 08060

Claim this Listing
For Sale
$450,000

MULTI_FAMILY - MOUNT HOLLY, NJ

Type:Single Family Residence
Property size:
2,595 SF
Price / SF:
$173/SF
Added:
May 5, 2026
Days on Market:
70
Last Refresh:
Jul 13 at 4:06 pm

Property Features

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Standard status
Active
Size
2,595 SF

Building Details

Year built
1930

Listing agent Dawn Varallo License #RS361696

Listing office BHHS Fox & Roach Marlton-Voorhees Home Marketing Center NJ

Listing date May 5, 2026

MLS# NJBL2111326

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This turnkey triplex includes a spacious front unit with a two-story, 3-bedroom layout and a walk-up attic. The rear portion of the property features two separate 1-bedroom units, one on the first floor and one upstairs, creating a private, straightforward configuration for tenants and day-to-day management.

Recent upgrades 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 noted as DCA compliant. A large rear parking area provides off-street parking for tenants.

The layout supports consistent residential income with long-term tenants in place, positioning the property as a stable rental asset with additional attic space offering potential if finished.

Key Highlights

  • 1930‑built DCA‑compliant triplex with two 1‑bedroom units plus a front 3‑bedroom unit
  • Front unit features a two‑story 3‑bedroom layout with a walk‑up attic that could support a 4th bedroom or extra living space
  • Recent upgrades: new waterproof vinyl flooring throughout, newer roof, high‑efficiency boiler and hot water heater, and updated sewer system

Local 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 (±1% cap)
NOI $37,188 @ 7.0% cap · market cap 8.26%
Second Best
Apartment 5plus
$485.6K
$424.9K – $566.5K (±1% cap)
NOI $33,989 @ 7.0% cap · market cap 7.55%
Theoretical Best
Warehouse
$5.43M
$4.75M – $6.33M (±1% cap)
NOI $379,917 @ 7.0% cap · market cap 84.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

FAQs

What type of property is this?
Triplex - Well-maintained triplex with three 1- and 3-bedroom units, rear off-street parking, and recent system and exterior upgrades.
Where is this triplex located?
The property is located at 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: 1930‑built DCA‑compliant triplex with two 1‑bedroom units plus a front 3‑bedroom unit; Front unit features a two‑story 3‑bedroom layout with a walk‑up attic that could support a 4th bedroom or extra living space; Recent upgrades: new waterproof vinyl flooring throughout, newer roof, high‑efficiency boiler and hot water heater, and updated sewer system
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More about this property
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