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.
Listed By
Agency Name: Redfin
Agency Phone: 6092167035
Shown By
Agent Name: Anthony Webster
Agent Phone: (267) 237-3748
Agency Title: RealtyMark
Estimated Payment
$ 1,683.50 per month $1,001.50 Principal & Interest $550.75 Property Tax $131.25 Homeowner's Insurance
332 Bailey Avenue | MLS# NJBL2112436
This multi-family property located at 332 Bailey Avenue, Maple Shade, NJ 08052 is currently listed for sale with an asking price of $450,000. Bailey Avenue is located within the MAPLE SHADE TOWNSHIP PUBLIC SCHOOLS school district. Search Maple Shade real estate on awebster.realtymark.net today.