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… Read More 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! Read Less
Courtesy of COLDWELL BANKER REALTY.
Listing Snapshot
Days Online
53
Last Updated
Property Type
Other
Beds
5
Square Ft.
4,366
Lot Size
0.06 Acres
Year Built
1900
MLS Number
3921317
30 Days Snapshot Of 07206
$
+35%
(avg) sold price
1
-50%
home sold
162
+134%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Finished, Full, Yes
Building
Built in 1900
Cooling
See Remarks
Expenses
Expenses: See Remarks
Exterior Features
Aluminum Siding
Water Features
See Remarks, See Remarks
Heating
See Remarks, See Remarks
Lot
Approximate Lot Size: 25X100, 0.06 acres
Parking
None
Property
4,366 sqft building, 2 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
See Remarks
Taxes
Annual Tax Amount: $10,560, Tax Rate: 31.430
Unit One
2 bedrooms, 2 bathrooms, Handicap Accessibility: No, See Remarks
Unit Two
2 bedrooms, 3 bathrooms, Handicap Accessibility: No, See Remarks
Utilities
See Remarks
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All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
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