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Maple Shade NJ Multi-Family Listings - Recent Solds

$472,000
1,824 SqFt. 0.17 Acres NJBL2112436 MLS 14 DOM CLOSED Status
***Multiple Offers Received—Seller looking to make a decision by Saturday*** Excellent opportunity to own a well-maintained duplex in a convenient location with strong income potential! This versatile property is ideal for investors or owner-occupants looking to “house hack” by living in one unit while collecting rental income from the other. Each unit features 3 bedrooms, 1 full bathroom, separate utilities, and its own private laundry area for added convenience. One unit is currently occupied by a tenant paying $1,900/month with a lease in place through September 2027, providing immediate stable income. The second unit is vacant and projected to rent for approximately $1,900/month, offering flexibility for an owner-occupant or investor seeking additional cash flow. Projected gross rental income of approximately $45,600 annually with an estimated 7%+ projected cap rate makes this an attractive addition to any investment portfolio. Major systems have already been updated, with both HVAC systems and water heaters approximately 5 years old. Whether you’re looking to expand your portfolio or offset your mortgage with rental income, this duplex presents a fantastic opportunity with solid cash-flow potential and low-maintenance features. Projected rents, income, expenses, and cap rate figures are estimates only and are not guaranteed. Buyers are responsible for conducting their own due diligence and verifying all financial information independently.

332 Bailey Avenue, Maple Shade

$675,000
3,958 SqFt. 0.33 Acres NJBL2076490 MLS 45 DOM CLOSED Status
Looking for an amazing home plus business office or potentially two homes in one in order to accommodate multi-generational living? Or maybe a home you can live in or rent but has the potential to also provide additional income streams with long or short term rentals? Welcome to 429 E Main St and 10 Stiles Ave nestled in the heart of the downtown Business District of Maple Shade! The E Main St facing house is currently used as a personal residence and the Stiles Ave facing addition/house is currently used as business offices. Opportunity knocks as with the proper township approvals, this expansive property has ample space and versatility to suit whatever your imagination desires! The main residence is Cape Cod style and exudes warmth and elegance. It has been beautifully renovated and professionally designed offering a blend of classic charm and modern amenities. It boasts 3 spacious bedrooms, 2 full bathrooms, and 2 half bathrooms with the convenience of a first-floor primary suite. As you enter you will immediately notice the attention to detail with hardwood floors, crown molding and custom window treatments throughout the Living Room and Dining Room. The focal point of the living room is a brick, wood burning fireplace with a gorgeous wood mantle. The dining room features more wood twimwork on the ceiling, chair rail, decorative pillars and offers plenty of space for large family gatherings. The beautifully renovated kitchen with vaulted ceiling, granite counters, stainless steel appliances, gas range with hood, breakfast bar and built-in desk was thoughtfully designed. This space is open to the cozy family room with full wall built-ins and overlooks the manicured backyard. The first floor primary suite has 2 walk-in closets, one with organizers and an en-suite bathroom featuring gorgeous cherry cabinetry, double vanity, marble counters, a ceramic tile shower with bench as well as a laundry closet, 2 linen closets and a vanity/dressing area. The second floor of the main house includes two large bedrooms with functional built-ins, and closets one of which is full walk-in. A full bathroom finishes off the main house's second floor. The finished basement showcases a built-in bar with a wet bar, a half bathroom and plenty of space for relaxing or playing games - perfect for spending time with friends and loved ones. The unfinished area is ideal for a 2nd kitchen, laundry room, workshop and additional storage with its secondary washer/dryer, laundry sink, counterspace, dishwasher and freestanding gas stove. The backyard is fully fenced with a trellis entry from the driveway, brick paver walkway and oversized trex deck. The addition connected to the main house expands your options for this property. Currently an office and zoned business use, this building with its own front door and mailing address offers a kitchenette, conference room or possible living room, 2 first floor bedrooms or offices, 2 second floor bedrooms or more offices, a second floor full bathroom, a first floor half bathroom and 2 utility rooms. This space could be perfect for extended family or guests or the lucky new owner could continue its use as dedicated business offices. Car enthusiasts, tradesmen and creatives alike will appreciate the oversized detached two-car garage, which includes a finished second story that can be transformed into a workspace or studio apartment. This rare feature offers even more possibilities for this special property. Natural gas has been connected to the garage and there is conduit available for easy water connection if desired. With its prime location on Main Street in Maple Shade, this 2-homes-in-1 property combines convenient and easy access to local highways, shops, and dining. Schedule a showing today to experience the endless potential and opportunity this property has to offer! Also listed as a residential property MLS# NJBL2076400

429 E Main Street, Maple Shade

$451,000
2,438 SqFt. 0.13 Acres NJBL2068058 MLS 11 DOM CLOSED Status
Welcome to 15 W Linwood! An impeccable multi family opportunity in the heart of Maple Shade. Boasting a 2 bed 2 bath space sprawling two floors, an additional 1 bedroom 1 bath unit on the second floor, and a two car garage with brand new insulation, this property offers plenty of room, as well as multiple income opportunities. When pulling up, you will notice the exceptional curb appeal as the seller has just had the whole property landscaped, as well as the driveway recoated. Parking will never be an issue as the driveway is oversized and plenty big enough to fit 5 cars or more. For the first unit, head through the front door and you will find yourself in a large family room with plenty of natural light. Fresh Neutral toned paint was just done to the entire home which gives this property a very homely feel. Down the hallway you will find your first bedroom as well as nice sized bathroom with tub and shower stall. Through to the back of the home is your updated kitchen, outfitted with granite countertops and beautiful hardwood floors. This space is lovely as it peers into the well manicured backyard finished with a picnic patio space, shed with brand new roof, and ample lawn space that is fully fenced in. Upon heading towards access to the backyard, you will also notice a covered porch area which is great for relaxing on nice afternoons. Up the stairs you will find a loft space which would work well as an office or kids playroom, another large bedroom, laundry room, and nicely sized bathroom. There is ample space and opportunity in this unit to turn this into a 3 bedroom space to maximize rent. Head up the wooden staircase to the second floor deck to find access to the 2nd unit. This 1 bedroom space offers a nice kitchen, family room, and bathroom. Live in one unit and rent out the other as a house hack to pay for your mortgage, or rent out both sides, and the garage and maximize rent. This property gives you great value in a wonderful, private neighborhood. Add the fact that you are a VERY short drive to all major highways to Philadelphia, New York, and the prized Jersey Shore and you have the perfect package. Schedule your tour today!

15 W Linwood Avenue, Maple Shade

$550,000
3,920 SqFt. 0.18 Acres NJBL2055374 MLS 65 DOM CLOSED Status
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.

301 E Main Street, Maple Shade

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Maple Shade, NJ 08052 Multi-Family Homes for Sale