201 3rd St, Elizabeth City, NJ 07206

$1,300,000

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List Price
$1,300,000
Days on Market
37
Status
ACTIVE
MLS#
4044936
Lot Size (Acres)
0.04
Year Built
1905
County
Union

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

Heating
Forced Hot Air, See Remarks
Cooling
Central Air, See Remarks, Window A/C(s)
Roof
Asphalt Shingle, See Remarks
Utilities
All Underground
Water
Public Water
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

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