105 Willow Turn, Mount Laurel, NJ 08054

$439,900
: 2,100
SqFt

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List Price: $439,900
Days on Market: 10
Status: ACTIVE
MLS#: NJBL2117666
Living Area: 2,100
Lot Size (Acres): 0.16
Style: Contemporary
Year Built: 1979
County: Burlington
School District: Mount Laurel Township Public Schools

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Property Description

Attention investors — 105 Willow Turn in Mount Laurel presents a fully occupied, income-producing duplex with immediate cash flow, below-market rents, and genuine value-add potential in one of South Jersey's most consistently strong rental markets. Both units are rented month-to-month — Unit 1 is a 2-bedroom, 1-bath currently at $1,650/month and Unit 2 is a 2-bedroom, 2-bath currently at $1,425/month — generating $3,075 in combined monthly income and $36,900 in annual gross revenue from day one. The value-add story here is compelling: current market rents for comparable units in Mount Laurel are approximately $2,100/month for a 2-bedroom, 1-bath and $2,200/month for a 2-bedroom, 2-bath — meaning a disciplined lease renewal strategy alone can push monthly income toward $4,300, and a targeted cosmetic renovation between tenancies could realistically bring combined monthly income to approximately $4,300 with stabilized market rents — a potential increase of over $1,200 per month and nearly $15,000 in additional annual gross income. Electric is split with each tenant paying their own, keeping landlord expenses lean and limited to water (Landlord bills back to the Tenant) and sewer only. There is no HOA, eliminating an additional expense and giving the new owner maximum flexibility over the asset. An attached garage adds further value. This property is also available as part of a two-property portfolio acquisition alongside 107 Willow Turn — offering a combined annual gross income of $71,400 at current rents, with a combined market rate upside significantly better once both properties are stabilized. Mount Laurel's proximity to I-295, the New Jersey Turnpike, Route 73, and Route 38 — approximately 20 minutes to Philadelphia and an hour to the Jersey Shore — keeps vacancy low and tenant demand high. Whether you are an experienced portfolio investor or a first-time buyer seeking a turnkey entry point with real upside, this one deserves a serious look. Contact the listing agent to schedule your showing today.

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