South Coles Avenue, Maple Shade Township, New Jersey, 08052
$399,000
$500,000/ARV
Overview
Property ID: 80116
Multi-Family
Property Type
5
Bedrooms
3
Bathrooms
1734
sqft
1920
Year Built
80116
Property ID
Description
The buyer will pay a 3% commission for this deal.
This LEGAL MAPLE SHADE TRIPLEX offers three residential units, five total bedrooms and approximately 1,734 square feet of living space! All three residential units are vacant, allowing the next owner to renovate, select their own tenants and immediately reposition the property at current market rents.
With approximately $6,000 per month in projected residential FMR, plus $200 per month from the detached garage, this property offers approximately $74,400 in potential annual gross income!
✅ Legal Triplex | Three Residential Units
✅ 5 Total Bedrooms | 3 Full Bathrooms
✅ Unit A: 2 Bedrooms | 1 Bathroom
✅ Unit B: 1 Bedroom | 1 Bathroom
✅ Unit C: 2 Bedrooms | 1 Bathroom
✅ Approximately 1,734 Sq. Ft.
✅ Built in 1920
✅ Approximately 0.20-Acre Lot
✅ All Three Residential Units Vacant
✅ Lockbox Access Available
✅ Public Water and Sewer
✅ Gas Heat
✅ Window A/C Units
✅ Roof and Windows Reportedly in Good Condition
✅ Detached Garage Currently Rented Month-to-Month for $200/Mo.
✅ Garage Tenant Can Be Given Notice if Vacant Delivery Is Preferred
✅ 2025 Taxes: Approximately $7,592
✅ Excellent Buy-and-Hold, House-Hack or Multifamily Investment Opportunity