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$ 625,000
Est. payment | /mo
5 Beds
5 Baths
4,366 SqFt
$ 625,000
Est. payment | /mo
5 Beds
5 Baths
4,366 SqFt
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 4,366 sqft
Price per Sqft $143
MLS Listing ID 3921317
Style See Remarks
Bedrooms 5
Full Baths 5
Year Built 1900
Annual Tax Amount $10,560
Tax Year 2023
Lot Size 2,613 Sqft
Property Description
Discover a remarkable investment opportunity in Elizabeth, NJ with this fully rented 2-family house, boasting a 10% Cap Rate. Featuring 6 spacious bedrooms, 4 full bathrooms, 5 bonus rooms, and ample living space, this property offers modern upgrades and convenience for comfortable living.The 1st-floor unit features 2 bedrooms, a spacious layout with a living room, dining area, eat-in kitchen, and bathroom. The 2nd-floor unit includes 3 bedrooms, a living area, eat-in kitchen, and bathroom. The finished attic provides 3 bonus rooms, a bathroom, and a kitchenette, currently serving as an indoor plant nursery and gym.The ground-level owner-occupied suite has 2 bonus rooms, a bathroom, and a kitchenette. The unfinished laundry room includes 2 washers, 2 dryers, a bathroom, and utility closets with separate electric meters per floor.Located just minutes from schools, bus stops, public transportation, and major routes, this property is ideal for savvy investors seeking rental income or owner-occupants looking to offset their mortgage. Don't miss your chance to own this exceptional 2-family home in Elizabeth, NJ!
Location
State NJ
County Union
Rooms
Basement Finished, Full
Interior
Heating See Remarks
Cooling See Remarks
Heat Source See Remarks
Exterior
Exterior Feature Aluminum Siding
Utilities Available See Remarks
Roof Type Asphalt Shingle
Building
Sewer See Remarks
Water See Remarks
Architectural Style See Remarks
Others
Senior Community No
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Listed by COLDWELL BANKER REALTY