NJ
Union
Elizabeth City
07208
1027 Stanton Ave
1027 Stanton Ave, Elizabeth City, NJ 07208
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Listing Type
Commercial/Industrial
Listing Status
Active
0
$1,600,000

Home Details for 1027 Stanton Ave

Price
$1,600,000
Type
Commercial Sale
Year built
1946
Lot size acres
0.23
County
Union
Basement
Full
MLS Listing#
4037122
Property Description

Exceptional investment opportunity! This property includes two buildings and one additional lot, all being sold together under one deed. The property features a 4-family building and a side-by-side duplex. In addition, there are two finished bonus living areas with 2-bedroom layouts being sold strictly as-is.The left side of the duplex has been completely renovated and offers 3 bedrooms, 2 full bathrooms, central air conditioning, an open-concept eat-in kitchen, formal living room, laundry hookups, and additional storage space. The right side of the duplex is in good condition and features 2 bedrooms, 1 full bathroom, a living room, dining room, eat-in kitchen, and an unfinished basement. The separate 4-family building consists of four 1-bedroom, 1-bath units, each with a living room, dining room, and kitchen.All tenants are currently on month-to-month leases, providing flexibility for the next owner. Total monthly rental income: $12,150A rare opportunity to own a multi-building income-producing property with excellent investment potential.

Property Features
  • Cooling Information
    • Window Unit(s)
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Parking
    • On Street
  • Basement
    • Full
Listing Courtesy: BHGRE ELITE - 908-316-8530
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EXIT REALTY LUCKY ASSOCIATES (ELIZABETH)
640 Newark Ave., Elizabeth, NJ 07208
Office
908 289 7746
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