136 Park Pl, Elizabeth City, NJ 07206

$1,500,000

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List Price
$1,500,000
MLS#
4035246
Dom
24
Year Built
1920
Status
ACTIVE
County
Union
City
Elizabeth City
Acres
0.17

Property Description

Excellent investment opportunity in the heart of Elizabeth! This well-maintained 9-unit multifamily property sits on an oversized 75' x 100' lot and offers ample on-site parking, a rare feature for the area.The building features separate utilities for each unit, including individual boilers, providing efficient management and reduced owner expenses. Ideal for investors seeking strong cash flow and long-term appreciation potential.Conveniently located near major highways, public transportation, shopping, schools, Newark Liberty International Airport, and downtown Elizabeth. Large lot size may offer future development or expansion potential; buyers should conduct their own due diligence.Don't miss this opportunity to acquire a sizable income-producing asset in one of Union County's most active rental market

Additional Information

Taxes
$16,095
Cooling
No Cool
Exterior
Concrete
Garage Spaces
8
Heating
4+ Units
Roof
Built-Up
Sewer
Public Sewer
Water
Public Water

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Listing Courtesy Of UNITED REAL ESTATE, Contact: 646-342-1773

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