52 South Fellowship Road Maple Shade, NJ 08052

$635,000
0.17
Acres
2,603
SQFT
244
$/SQFT
$635,000
2,603   sf
$244 / sf
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active
1/20
Street View

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

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

  • Neighborhood
  • Type
  • County
    Burlington
  • Area
    Maple Shade Twp
  • Tax Amount
    $11,220
  • Status
    Active
  • Listing #
    NJBL2098512
  • Built
    1905
  • Lot Size
    0.17
  • Listed on site
    50 days
  • Listing Agent Id
    121135687741

Listed by:
Keller Williams Realty - Marlton

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Parking Off-Street
  • Basement

Interior Features

  • Central Air Conditioning

Style

  • Colonial
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