1028 Sheridan Ave, Elizabeth City, NJ 07208

$1,040,000
8
BD
5
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,040,000
Status
UNDER CONTRACT
MLS#
4047597
Bedrooms
8
Bathrooms
5
County
Union
City
Elizabeth City
Year Built
1927

Property Description

**INVESTOR & OWNER-OCCUPANT OPPORTUNITY!** Welcome to 1028 Sheridan Avenue, a well-maintained and updated legal 4-family property featuring four spacious 2-bedroom, 1-bath apartments. Fully occupied and generating strong rental income, with the possibility of one unit being delivered vacant. The property also features an expansive finished attic offering additional bonus space with a bedroom, full bath and kitchenette. Additional highlights include two separate unfinished basements, coin-operated laundry, an oversized two-bay garage, plus two additional off-street parking spaces. Boilers and water heaters were replaced approximately two years ago, offering added peace of mind for the next owner. Updated interiors, excellent income potential and room for future growth make this an outstanding addition to any investment portfolio or an excellent opportunity for an owner-occupant looking to offset their mortgage with rental income. Conveniently located near major highways, shopping, dining, schools and transportation. **A rare opportunity to acquire a turnkey 4-family property in Elizabeth!**

Additional Information

Exterior
Vinyl Siding
Basement
Yes
Garage
Assigned
Water
Public Water
Sewer
Public Sewer
Fuel
Gas-Natural

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of ELITE REALTORS OF NEW JERSEY, Contact: 9088032929