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$ 1,300,000
Est. payment | /mo
8 Beds
4 Baths
2,780 SqFt
$ 1,300,000
Est. payment | /mo
8 Beds
4 Baths
2,780 SqFt
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,780 sqft
Price per Sqft $467
MLS Listing ID 3944205
Style 2-Two Story
Bedrooms 8
Full Baths 4
Year Built 1920
Annual Tax Amount $12,467
Tax Year 2024
Lot Size 7,405 Sqft
Property Description
Fantastic Investment Opportunity! This well-maintained four-family home in Elizabeth, NJ sits on an oversized 7,501 sq. ft. lot with potential for additional development or subdivision (subject to zoning approval). Featuring four separate units, each renting for $2,200/month, the property generates strong cash flow. Equipped with four boilers, four water heaters, central heat/air, and separate utilities, plus hardwood floors throughout. Conveniently located near schools, shopping, and transit. Asking $1.2M with annual taxes of $11,742.34. Don't miss out on this prime investment!
Location
State NJ
County Union
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling Central Air
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features None
Utilities Available Electric, Gas-Natural
Roof Type Composition Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
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Listed by TES REALTY GROUP, INC.
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Mindy Skelly
Licensed Real Estate Broker