Discover a unique investment opportunity in the heart of Elizabeth, located in the bustling Washington section. This all-brick, mixed-use building is perfectly positioned on a main street, featuring three units, two of which are currently operational. The ground floor hosts a commercial store, generating a monthly rental of $3,400. Above, find a spacious three-bedroom apartment with a full bathroom, upgraded vinyl flooring, and an eat-in kitchen that opens to a bright and airy living space complete with a porch/patio. This unit is ideal for both comfort and convenience, situated just blocks from the Broad Street shopping district and Elizabeth High School. The rear of the building offers an additional 1500-2000 sqft of space, ready to be transformed into another three-bedroom apartment, complete with separate electric and gas meters. With on-street parking and proximity to key amenities, this property promises significant income potential and is a lucrative investment for the savvy buyer.
3898356
Mixed Use, 2 Story
Union
1910
0.08
Acres
Public Water
2
Brick
Public Sewer
Washington
Cable Available, Natural Gas Available
3 Total
Interior Features
- Flooring
- Laminate
- Cooling
- Central Air
- Heating
- Gas Heat, Electric Heating. Forced Air, Baseboard.
- Basement
- Partial, Unfinished
- Security
- Smoke Detector(s)
Exterior / Lot Features
- Parking
- On Street.
- Exterior
- Brick
- Zoning
- Commercial
- Additional Exterior/Lot Features
- Level.
Community Features
- Security Features
- Smoke Detector(s)
- Complex Features
- Smoke Detector(s)
Financial Considerations
Fee Simple
2904-00424-0000-00005-0000-
$12,384
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