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Listed with Claudia Brombauer | 973-680-2920, Signature Realty NJ LLC
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Unparalleled Passive Income Potential in Prime Elizabeth LocationSavvy investors, this is the multifamily gem you've been searching for! 2-unit property in the heart of Elizabeth offers unbeatable passive income potential.Eac unit currently rents for $3,000 per month, providing a combined monthly rental income of $6,000. The property also features 7 parking spaces that potentially can generate an additional $1,400 in monthly revenue, bringing the total monthly income to an impressive $7,400!This home boasts a fantastic location and numerous desirable features. Unit 1 offers 3 bedrooms and 2 bathrooms, while Unit 2 provides 2 bedrooms and 1.5 bathrooms. Both units feature open-concept layouts with ample natural light, updated kitchens showcasing stainless steel appliances, granite countertops, and generous storage space.The fully finished basement adds even more versatile living and storage space, perfect for additional bedrooms, a home office, or a recreational area.
| DAYS ON MARKET | 14 | LAST UPDATED | 4/17/2024 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | 2004 |
| COUNTY | UNION | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AREA | 2004 |
|---|---|
| BASEMENT | Finished, Full, Yes |
| BUYER'S BROKERAGE COMPENSATION | 2% |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Baseboard, Natural Gas |
| LOT DESCRIPTION | Irregular Lot |
| LOT DIMENSIONS | 33 X 180 |
| SEWER | Public Sewer |
| STYLE | 2 Family |
| TAXES | 13169 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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