1024 Sheridan Ave, Elizabeth City, NJ 07208

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List Price
$975,000
Status
UNDER CONTRACT
MLS#
4045703
Bedrooms
9
Bathrooms
5
County
Union
City
Elizabeth City
Year Built
1927

Property Description

Excellent investment opportunity in Elizabeth! This well-maintained 4-family property features four spacious 2-bedroom, 1-bath units with strong rental potential. One unit is currently vacant, offering an excellent opportunity for an owner-occupant or investor to place a new tenant at market rent.The property also features a finished basement with a full bathroom and additional usable space, providing added flexibility and potential. Major improvements include a newer roof with solar panels and updated central air throughout the property.Parking is a major plus, with a 2-car garage and 2 additional off-street parking spaces in the rear. With four desirable units, significant updates, ample parking, and excellent income potential, this property is a great addition to any investment portfolio or an ideal opportunity for an owner-occupant looking to offset housing costs with rental income.Conveniently located near major highways, public transportation, shopping, dining, and other local amenities. Don't miss this opportunity to own a solid income-producing multifamily property in Elizabeth!

Additional Information

Exterior
Vinyl Siding
Basement
Yes
Garage
Assigned, Detached Garage, On-Street Parking
Water
Public Water
Sewer
Public Sewer
Fuel
Gas-Natural

Mortgage Calculator

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

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