1027 Stanton Ave, Elizabeth City, NJ 07208

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: $12,150. A rare opportunity to own a multi-building income-producing property with excellent investment potential.