3 unit building with plenty of off street parking. Fully occupied. Fully rehabbed in 2020 including a new roof, new electric. Interiors are all rehabbed and include new kitchens with granite counter tops and new cabinets. Bathrooms were updated as well. All units have new flooring and fresh paint. There are solar panels that are owned. First floor unit is a large 2 bedroom with 2 full baths. They have use of the 3 detached garages. Second floor unit is a large 1 bed 1 bath and has access to a rear deck. Third floor is a 1 bed and 1 bath and also has its own exterior deck. Potential to increase your cash flow. Third floor tenant will be vacating end of Dec. Other two are month to month. Rents are $5820 a month or $69,840 a year. Cap rate is 7.97
Maple Shade is located in New Jersey. Maple Shade, New Jersey has a population of 19,818. Maple Shade is less family-centric than the surrounding county with 28.67% of the households containing married families with children. The county average for households married with children is 32.09%.
The median household income in Maple Shade, New Jersey is $66,529. The median household income for the surrounding county is $95,935 compared to the national median of $69,021. The median age of people living in Maple Shade is 36.9 years.
The average high temperature in July is 87.4 degrees, with an average low temperature in January of 25.1 degrees. The average rainfall is approximately 46.7 inches per year, with 12.3 inches of snow per year.
