Cash Flow Positive right out of the shoot. Great turn key investment in the Larchmont section of Mt. Laurel. Development is almost exclusively duplexes. Unit A has 2 bedrooms, 2 full baths rent is $925/mo.; unit B has 3 bedrooms, 2 full baths rents for $1,350/mo. Carpet & tile throughout, Laundry room w/washer & dryer in each unit. Both units have updated appliances. Landlord pays water/sewer, no HOA fees. Current owner is retiring. One tenant currently pays by direct deposit and both tenants have one year leases. Less then 5% vacancy since 2001. One of the best rental areas in Burlington Co., close to route 295, NJTP, Route 73, Shopping, Larchmont swimming pool and more! Each unit has a one car garage with electric door openers and ample off street parking. 2 other duplexes for sale in same development (see MLS # 6056029 & 6055984). Will consider selling individual units, call to ask for pricing. Call agent for first full year cash flow and ROI analysis.
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