201 3rd St, Elizabeth City, NJ 07206

$1,300,000

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List Price
$1,300,000
MLS#
4044936
Year Built
1905
Status
ACTIVE
County
Union
City
Elizabeth City
Acres
0.04

Property Description

Calling all investors! don't miss this exceptional income-producing opportunity! This well-maintained six-unit mixed-use investment property is prominently positioned on a highly visible corner lot in the heart of Elizabeth. Featuring five fully leased residential apartments and one street-level commercial storefront, this turnkey asset delivers immediate rental income with a stable, established tenant base. Additional highlights include a full basement with utilities, a detached garage, and exceptional potential for long-term appreciation.Ideally located with convenient access to Downtown Elizabeth, Newark, New York City, NJ Transit, major highways, shopping, dining, schools, and everyday amenities, this property offers the accessibility and visibility that both residential and commercial tenants value. Combining strong cash flow, a prime location, and a fully occupied mixed-use configuration, this is a standout investment opportunity for any portfolio. Opportunities like this don't come around often don't wait on this one!

Additional Information

Taxes
$15,946
Cooling
Central Air, See Remarks, Window A/C(s)
Exterior
Vinyl Siding
Heating
Forced Hot Air, See Remarks
Roof
Asphalt Shingle, See Remarks
Sewer
Public Sewer
Water
Public Water
Basement
Yes

Mortgage Calculator

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Calculator source: Real Geeks

Listing Courtesy Of KELLER WILLIAMS REALTY, Contact: 732-536-9010

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