Turnkey 6 family brick investment property located in one of the best areas of Elizabeth. This well maintained building offers strong rental income and is perfect for investors looking for a stable cash flowing asset. Each unit features a brand new mini split heating and cooling system, providing efficient climate… Read More control for tenants. The property also includes all new electrical panels, giving the next owner peace of mind with major upgrades already completed.The building has been exceptionally maintained and requires no immediate repairs, making it a true plug and play investment. Solid all brick construction offers durability and low maintenance ownership. All units are occupied by excellent tenants, allowing the new owner to simply take over and start collecting rent from day one.Rare opportunity to own a profitable multi family property in a prime Elizabeth location with modern upgrades already in place. Ideal for investors seeking reliable income and long term appreciation. Read Less
Courtesy of KELLER WILLIAMS REALTY.
Listing Snapshot
Days Online
16
Last Updated
Property Type
Other
Lot Size
0.06 Acres
MLS Number
4012384
30 Days Snapshot Of 07202
$473k
+27%
(avg) sold price
3
-25%
homes sold
104
+38%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Bilco-Style Door, Full, Storage, Walkout, Yes
Cooling
4+ Units, Ductless Split AC, Multi-Zone Cooling
Exterior Features
Brick/Block
Water Features
Public Water
Heating
Electric, Gas-Natural, 4+ Units, Floor/Wall Heater, Multi-Zone, See Remarks
Lot
Approximate Lot Size: 25X105, 0.06 acres
Property
6 units
Roof
See Remarks
Sewer
Public Sewer
Taxes
Annual Tax Amount: $16,555, Tax Rate: 2.017
Utilities
Electric, Gas-Natural
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