NJ
Union
Elizabeth City
07208
415 Magie Ave
415 Magie Ave, Elizabeth City, NJ 07208
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Listing Type
Multi Family
Listing Status
Active
3
$780,000

Home Details for 415 Magie Ave

Price
$780,000
Type
Residential Income
Bedrooms
6
Total Bathrooms
3
Full Bathrooms
3
Square feet
2760
Year built
1915
Lot size acres
0.12
County
Union
Total rooms
13
Basement
Finished, Full
MLS Listing#
4040707
Property Description

Attention savvy buyers and investors! This is your rare opportunity to own a powerhouse income-generating property right in the heart of Elizabeth's highly coveted Elmora neighborhood. Perfectly positioned for maximum rental demand, this standout two-family home delivers incredible value, cash flow potential, and long-term appreciation at an unbeatable price point. The property features two spacious, light-filled units, each boasting a comfortable 3-bedroom, 1-bathroom layout. Adding massive value to the building is a versatile basement complete with its own full bathroom, offering excellent flexibility. Commuters will absolutely love the unbeatable location, situated just moments from easy NYC transportation, making transit a breeze. Nestled near highly regarded local schools, shopping, and dining, this property is positioned in a vibrant, high-demand rental market.Whether you want to add a premier multi-family asset to your investment portfolio or live in one unit while letting the other pay your mortgage, this is a rare opportunity to build long-term wealth at an incredible price point. Opportunities like this in Elmora do not last long-schedule your tour today and secure your next great investment before it's gone!

Property Features
  • Heating Information
    • Baseboard
    • Natural Gas
  • Basement
    • Finished
    • Full
  • Cooling Information
    • Window Unit(s)
  • Water Features
    • Public
  • Utilities
    • Underground Utilities
  • Parking
    • Shared Driveway
Listing Courtesy: KELLER WILLIAMS REALTY - 732-536-9010
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Market statistics compiled from data from Garden State MLS.
EXIT REALTY LUCKY ASSOCIATES (ELIZABETH)
640 Newark Ave., Elizabeth, NJ 07208
Office
908 289 7746
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