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301 E Main Street

MAPLE SHADE, NJ 08052
  • $575,000
  • STATUS: Active
  • ON SITE: 49 Days
  • ID#: NJBL2054468
UPDATED: 70 min ago
$575,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1948
County:

School Ratings & Info

Description

The lock box is located at the door facing Fellowship Rd. 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 in the process of getting 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 coming October 20, 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 covering coming October 19th . 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.

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©2023 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 eXp Realty, LLC. 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: 2023-11-28T16:53:34.213.
www.searchmontgomerybuckshomes.com/homes/144230311
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301 E Main Street MAPLE SHADE, NJ 08052

  • Price: $575,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 70 min ago
  • ID#: NJBL2054468
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1948
Built
Neighborhood:
Maple Shade Twp (20319)
County:
Burlington
Area:
Maple Shade Twp (20319)
School District:
Maple Shade Township Public Schools
Property Description
The lock box is located at the door facing Fellowship Rd. 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 in the process of getting 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 coming October 20, 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 covering coming October 19th . 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.
Exterior Features

Construction Materials Brick Garage YN No Parking Types DrivewayOn Street Property Condition Very Good Riparian Rights YN No Roof Asbestos Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Ceiling Fan(s) Exclusions GLASS DOOR KNOBS IN APARTMENT 2 AND 3. This may or may not occur. Heating Radiator Heating YN Yes Net Square Feet 3920.00

Property Features

Accessibility Features None Assessment Year 2022 Business Type Hair Salon and SpaProfessionalOther Central Air YN No Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Municipality MAPLE SHADE TWP Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 802660393848 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 0.00 Tax Assessment Amount 208400.00 Tax Lot 00020 Vacation Rental YN No Water Source Public Zoning COMMERCIAL

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©2023 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 eXp Realty, LLC. 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: 2023-11-28T16:53:34.213.
 
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