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109 E Main Street

MAPLE SHADE, NJ 08052
  • $559,900
  • STATUS: Closed
  • ON SITE: 109 Days
  • ID#: NJBL2020478
Sold - 06/27/2022
$559,900
SOLD - 06/27/2022
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,000
    SQFT
  • $187
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1932
County:

School Information

Description

PROPERTY IS BACK ON THE MARKET AND AVAILABLE TO BE SHOWN. TO ACCOMMODATE THE TENANTS, SHOWINGS WILL BE RESTRICTED TO SPECIFIC OPEN HOUSE WINDOWS. Excellent investment opportunity awaits! SOLD IN "AS IS" CONDITION, but property is in good shape. This well-kept, 4 unit, 2 story apartment building in the heart of Maple Shade presents a wonderful chance for you to use a real estate asset to grow your wealth! This central location, is convenient to major highways and public transportation, shops & restaurants on Main Street, making it very desirable for Tenants. Tenants will love to call this place their home, because it is well maintained, neat and clean and makes a great presentation as you approach. All 4 units are currently tenant occupied and the building has a solid rental history. There's a keyed, common side entry to a wide hallway & staircase, for the tenants with 4 total, sunlit apartments, 2 on each floor, all of which consist of a Living Room, Kitchen with eating area, Bedroom, Bathroom & stacked washer/dryer. Property also has a full basement Each unit has hardwood flooring, nicely updated Kitchens and tiled Bathrooms and separately metered utilities. Current owner pays water/gas and the tenants are responsible for the electric. Each unit has a window unit air conditioner. There's a detached garage in back for additional rental income if you choose, or use it for your own personal storage. The private rear parking lot offers one off-street space for each tenant. On-Street parking is also available and easy to find. Rents for the Units are as follows: all are month to month leases One Unit at $1,200/mo; One Unit at $1,100.00/mo; One Unit at $1,000.00/mo; and One Unit at $950.00/mo. (The Tenant at $950/mo gets a slightly reduced rent price because they help the owner with the Building.) A great combination of location, condition, return on investment.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Holloway Real Estate Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-07-06T07:52:39.733.
www.njhousehunter.com/homes/126844584
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109 E Main Street MAPLE SHADE, NJ 08052

  • Price: $559,900
  • Status: Closed
  • On Site: 109 Days
  • Updated: 50 min ago
  • ID#: NJBL2020478
0
Beds
0
Baths
0
½ Baths
0.13
Acres
3,000
SQFT
$187
$/SQFT
1932
Built
Neighborhood:
Maple Shade Twp (20319)
County:
Burlington
Area:
Maple Shade Twp (20319)
High School:
Maple Shade H.S.
School District:
Maple Shade Township Public Schools
Property Description
PROPERTY IS BACK ON THE MARKET AND AVAILABLE TO BE SHOWN. TO ACCOMMODATE THE TENANTS, SHOWINGS WILL BE RESTRICTED TO SPECIFIC OPEN HOUSE WINDOWS. Excellent investment opportunity awaits! SOLD IN "AS IS" CONDITION, but property is in good shape. This well-kept, 4 unit, 2 story apartment building in the heart of Maple Shade presents a wonderful chance for you to use a real estate asset to grow your wealth! This central location, is convenient to major highways and public transportation, shops & restaurants on Main Street, making it very desirable for Tenants. Tenants will love to call this place their home, because it is well maintained, neat and clean and makes a great presentation as you approach. All 4 units are currently tenant occupied and the building has a solid rental history. There's a keyed, common side entry to a wide hallway & staircase, for the tenants with 4 total, sunlit apartments, 2 on each floor, all of which consist of a Living Room, Kitchen with eating area, Bedroom, Bathroom & stacked washer/dryer. Property also has a full basement Each unit has hardwood flooring, nicely updated Kitchens and tiled Bathrooms and separately metered utilities. Current owner pays water/gas and the tenants are responsible for the electric. Each unit has a window unit air conditioner. There's a detached garage in back for additional rental income if you choose, or use it for your own personal storage. The private rear parking lot offers one off-street space for each tenant. On-Street parking is also available and easy to find. Rents for the Units are as follows: all are month to month leases One Unit at $1,200/mo; One Unit at $1,100.00/mo; One Unit at $1,000.00/mo; and One Unit at $950.00/mo. (The Tenant at $950/mo gets a slightly reduced rent price because they help the owner with the Building.) A great combination of location, condition, return on investment.
Exterior Features

Architectural Style Colonial Construction Materials Brick Garage Spaces 2.00 Garage Type Garage - Front EntryAdditional Storage Area Garage YN Yes Other Structures Above GradeBelow Grade Parking Types Detached GarageOff StreetParking Lot Pool No Pool Riparian Rights YN No Roof Flat Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3000 Basement FullOutside Entrance Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplaces Total 0 Heating Baseboard - Hot WaterRadiator Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Accessibility Features None Assessment Year 2021 Buyer Financing Conventional Central Air YN No Close Sale Terms Standard Sale Cooling Fuel None Existing Lease Type Month To Month Foundation Details Other Heating Fuel Natural Gas Hot Water Natural Gas Internet Services BroadbandCable Municipality Maple Shade Twp Navigable Water YN N New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Number Of Units Vacant 0 Operating Expense Includes Insurance Original MLSNumber 801395566164 Owner Pays HeatWaterSewerInsurance Ownership Interest Fee Simple Possession Settlement Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 7958.00 Tax Assessment Amount 220800.00 Tax Lot 00020 01 Vacation Rental YN No Water Source Public Zoning Res

Listing courtesy of Exp Realty, Llc.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Holloway Real Estate Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-07-06T07:52:39.733.
 
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Holloway Real Estate Group | eXp Realty
102 Centre Blvd. Suite J
Marlton NJ, 08053