Excellent investment opportunity in Elizabeth! This well-maintained 4-family property features four spacious 2-bedroom, 1-bath units with strong rental potential of approximately $1,800 per unit. One unit is currently vacant, offering an excellent opportunity for an owner-occupant or investor to place a new tenant at market rent.The property also features a finished basement with a full bathroom and additional usable space, providing added flexibility and potential. Major improvements include a newer roof with solar panels and updated central air throughout the property.Parking is a major plus, with a 2-car garage and 2 additional off-street parking spaces in the rear. With four desirable units, significant updates, ample parking, and excellent income potential, this property is a great addition to any investment portfolio or an ideal opportunity for an owner-occupant looking to offset housing costs with rental income.Conveniently located near major highways, public transportation, shopping, dining, and other local amenities. Don't miss this opportunity to own a solid income-producing multifamily property in Elizabeth!
Property Features
Parking
On Street
Detached
Basement
Finished
Partial
Heating Information
Natural Gas
Water Features
Public
Utilities
Natural Gas Available
Listing Courtesy: ELITE REALTORS OF NEW JERSEY - 973-994-9009