418 Elbo Lane, Mount Laurel, NJ 08054

$375,000
2,400
SqFt
List Price
$375,000
Days on Market
27
Status
ACTIVE
MLS#
NJBL395324
Living Area
2,400
Lot Size (Acres)
3
Style
Ranch/Rambler
Year Built
1992
County
Burlington
School District
Mount Laurel Township Public Schools

Property Description

About 30 yrs old triplex, modular construction, each unit identical 2BR/1BA. All situated on 3 acres of ground. 2 of the units were newly renovated recently. Long term/stable tenants. 100% leased. Annual income of $37,200 with total expenses only $10,000, Net Operating Income is $27,200. New septic system was installed in 2016 and has been well maintained each year. Every unit has its own washer and dryer. Public water. Units all 100% electric. OR consider rebuilding/redevelopment opportunities on prime 3 acres of ground. Lots of off street parking. Bucolic setting, property is nicely set back from Elbo Lane. Pics were taken prior to tenants moved in.

Additional Information

Area
Mount Laurel Twp (20324)
Taxes
$7891
School District
Mount Laurel Township Public Schools
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
Window Unit(s)
Water
Public
Sewer
On Site Septic

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Realty Mark Advantage.

board logo

© 2021 TReND. All Rights Reserved.
The data relating to real estate for sale on this website appears in part through the TReND Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Real Estate Company participates, and is provided by TReND through a licensing agreement. Real estate listings held by brokerage firms other than Real Estate Company are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
All information provided is deemed reliable but is not guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.