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1027 Stanton Ave Elizabeth City, NJ 07208
10,018 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4037122
Year Built 1946
Annual Tax Amount $21,863
Tax Year 2023
Lot Size 10,018 Sqft
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: $12,150A rare opportunity to own a multi-building income-producing property with excellent investment potential.
Location
State NJ
County Union
Zoning Residential
Rooms
Basement Full
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Flooring Tile, Wood
Equipment Appliances, Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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