BEDS0
BATHS8
MLS#4037122
STATUS
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Window A/C(s)
Fuel Type: Gas-Natural
Heating: 4+ Units, See Remarks
Lot Size: 0.23 Acres
Roof Type: Asphalt Shingle
Stories: 2.0
Taxes: $21,863
Year Built: 1946
Feature Descriptions
Days on Site: 6
Equipment Available: Appliances, Smoke Detector
Exterior: Vinyl Siding
Flooring: Tile, Wood
Location: Residential Area
Lot: Level Lot
Lot Dimensions: 0.23 acre(s)
Max Door height: 0
Owner Pays: Water
Parking: None, On-Street Parking
Parking Spaces: 0
Sewer: Public Sewer
Tenant Pays: Electric, Gas, Heat, Hot Water
Units: 6
Utilities: Electric, Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: BHGRE ELITE
Agency Contact: 908-316-8530
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 5,849.49 per month $3,560.91 Principal & Interest $1,821.92 Property Tax $466.67 Homeowner's InsuranceChange Payment Information
1027 Stanton Ave | MLS# 4037122
This multi-family property located at 1027 Stanton Ave, Elizabeth, NJ 07208 is currently listed for sale with an asking price of $1,600,000. Search Elizabeth real estate on www.realtymarkllc.com today.