220 Inslee Pl, Elizabeth City, NJ 07206

$599,999
5
BD
3
BA

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List Price
$599,999
Days on Market
17
Status
ACTIVE
MLS#
4048986
Bedrooms
5
Bathrooms
3
Full Baths
3
Lot Size (Acres)
0.06
County
Union

Property Description

Savvy investors and first-time buyers take note 220 Inslee Pl in Elizabeth City, NJ is the kind of multifamily opportunity that checks every box. Spanning nearly 20,000 square feet, this 5 bedroom, 3 bathroom multi-family property sits on a compact 0.06-acre footprint and delivers serious income-generating potential from day one.The layout is purpose-built for the house-hacker or portfolio builder occupy one unit while the rental income from the others helps offset your mortgage, building equity without stretching your budget. Separate utilities keep expenses clean and landlord responsibilities straightforward, a detail that experienced investors know to look for. A gas water heater rounds out the mechanical profile, keeping operating costs manageable.Location adds another layer of appeal situated close to major highways and transit options, the property draws from a broad pool of prospective tenants who value connectivity and convenience. The income potential positions this as a genuine wealth-building opportunity rather than just a place to live. Hardwood floors beneath the existing surfaces hint at the character waiting to be uncovered, and the private outdoor space provides a welcome retreat.Whether you are building your first rental portfolio or looking for an owner-occupied solution that helps offset your housing costs, 220 Inslee Pl presents a compelling opportunity.

Additional Information

Heating
See Remarks
Cooling
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Roof
Asphalt Shingle
Utilities
See Remarks
Water
Public Water
Sewer
Public Available

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Calculator source: Real Geeks

Listing Courtesy Of SERHANT NEW JERSEY LLC, Contact: 201-704-7048