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$849,000
Est. payment /mo
8 Beds
3 Baths
3,760 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,760 sqft
Price per Sqft $225
MLS Listing ID 4012449
Style 3-Three Story
Bedrooms 8
Full Baths 3
Year Built 1900
Annual Tax Amount $10,445
Tax Year 2024
Lot Size 3,484 Sqft
Property Description
Exceptional income-producing investment opportunity in Elizabeth's thriving Midtown/Elmora section. This well-maintained 3-unit property offers strong rental demand and consistent income potential, making it ideal for investors or owner-occupants. Each unit includes one dedicated parking space, modern kitchens and bathrooms, and spacious layouts. The property also features extra bonus space in the fully finished basement with its own private access, offering flexible use for storage or additional gathering space. All units are income-producing with reliable, long-term month-to-month tenants and a strong history of on-time rent payments. Perfect for an owner-occupant to live in one unit while renting the others to help offset the mortgage. Conveniently located near Kean University, NJ Transit, major highways, Newark Airport, and the Port of Elizabeth. This is a prime opportunity that will not last!
Location
State NJ
County Union
Rooms
Basement Finished, Walkout
Interior
Heating Gas-Natural
Cooling Wall A/C Unit(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Parking Features None
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Irregular Lot
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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