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$ 975,000
Est. payment | /mo
9 Beds
5 Baths
3,800 SqFt
$ 975,000
Est. payment | /mo
9 Beds
5 Baths
3,800 SqFt
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,800 sqft
Price per Sqft $256
MLS Listing ID 4045703
Style Fourplex
Bedrooms 9
Full Baths 5
Year Built 1927
Annual Tax Amount $13,465
Tax Year 2025
Lot Size 4,356 Sqft
Property Description
Excellent investment opportunity in Elizabeth! This well-maintained 4-family property features four spacious 2-bedroom, 1-bath units with strong rental potential of approximately $1,800 per unit. One unit is currently vacant, offering an excellent opportunity for an owner-occupant or investor to place a new tenant at market rent.The property also features a finished basement with a full bathroom and additional usable space, providing added flexibility and potential. Major improvements include a newer roof with solar panels and updated central air throughout the property.Parking is a major plus, with a 2-car garage and 2 additional off-street parking spaces in the rear. With four desirable units, significant updates, ample parking, and excellent income potential, this property is a great addition to any investment portfolio or an ideal opportunity for an owner-occupant looking to offset housing costs with rental income.Conveniently located near major highways, public transportation, shopping, dining, and other local amenities. Don't miss this opportunity to own a solid income-producing multifamily property in Elizabeth!
Location
State NJ
County Union
Rooms
Basement Finished, Partial
Interior
Heating Gas-Natural
Cooling 4+ Units
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features Assigned, Detached Garage, On-Street Parking
Garage Spaces 2.0
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style Fourplex
Others
Senior Community No
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Listed by ELITE REALTORS OF NEW JERSEY
NEARBY SCHOOL & BUSINESS
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