Maple Shade, NJ 08052,301 E MAIN ST
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Maple Shade, NJ 08052,301 E MAIN ST
Maple Shade, NJ 08052,301 E MAIN ST
Maple Shade, NJ 08052,301 E MAIN ST
Maple Shade, NJ 08052,301 E MAIN ST

$550,000

Est. payment /mo

$575,000

4.3%
Est.Price: ?

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301 E MAIN ST Maple Shade, NJ 08052

3,920 SqFt

SOLD DATE : 06/28/2024

Key Details

Sold Price $550,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,920 sqft

Price per Sqft $140

MLS Listing ID NJBL2055374

Style Colonial

Year Built 1948

Tax Year 2022

Lot Size 7,623 Sqft

Property Description

The lock box is located at the door facing Fellowship road. Tremendous Investment opportunity. Be a live-in Landlord with 2 two bedroom apartments on upper level and a separate shop/office; or use as an investment property with 3 two bedroom units. The first floor was originally the family living quarters which includes two bedrooms, one bath with separate shower stall and tub with shower, large eat-in-kitchen, Living room, and Dining room. Also on the first floor is a 19' X 28' room with separate entrance on Main Street and access from the living room. It was used as the family Hair Salon for many, many years. In more recent times, it has been used for retail sales, as an internet business, and a leather shop. Currently it is being used for Electronic workshop. This workshop currently rents for $650.00 per month. The full, high ceiling basement is accessed from the Dining room entrance or outside entrance , a walk through entrance. The basement has French Drains, 3 newer Weil-McLain heaters, one for each unit. Tenant pays their own heat. Also, there are three newer gas hot water heaters. The house and detached 2 car garage with storage loft with steel beam construction, are all brick exterior. The garage was never rented. It was used by the family. The two car garage if rented, would add to the monthly income. This one owner house has been meticulously maintained through the years. It might be a bit dated but it's in great condition. Apt#2 upstairs, is the smaller of the three apartments. The Tenant is a long time tenant and pays $875. This unit should rent for $1200 to $1400 or whatever the new owner decides. Apt#3 upstairs, is vacant and recently received a face lift. This unit should rent for $1400-$1600 or higher. Unit 3, has all new electrical outlets and switches. It has been freshly painted, new Berber Carpeting was installed in both bedrooms, living room, hall and stairway. There are original hardwood floors under the the carpeting upstairs and downstairs. The kitchen has new vinyl just installed . Unit 3's windows have been re-glazed on the exterior and painted. Apt#1, the downstairs unit is currently vacant and should rent for $2000-2500. There are ceiling fans throughout the units.

Location

State NJ

County Burlington

Area Maple Shade Twp (20319)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Ceiling Fan(s)

Flooring Carpet, Vinyl

Exterior

Water Access N

Roof Type Asbestos Shingle

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Maple Shade Township Public Schools

Others

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Rita Miloshevsky • Peze & Associates
Bought with April odessa Lane • Weichert Realtors-Cherry Hill

Jason Gareau

Broker

+1(609) 929-4486

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