Description
3-unit investment building in a prime location near downtown Elizabeth. The first floor comprises two units, each featuring 1 bedroom and 1 bathroom, while the second floor boasts a spacious unit with 3 bedrooms and 2 bathrooms. The property offers a large driveway leading to the backyard, where you'll find three garages and a shed, providing ample parking and storage options. One of the units (Unit 1) is currently occupied on a month-to-month basis, offering an immediate rental income opportunity. The building's utilities are all separated, which is a significant advantage for managing expenses. The property's location is highly convenient, being close to NYC train access, making commuting to the city easy, and in the proximity to Trinitas medical center. The property is being sold as-is. With its flexible configuration, this investment building presents intriguing possibilities - occupy the 3-bedroom unit (Unit 3) while renting out the two units on the first floor, generating rental income to offset your own housing costs and build equity in the property.
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5BEDS
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0.11ACRES
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4BATHS
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01/2 BATHS
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2,504SQFT
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$275$/SQFT
School Ratings & Info
Description
3-unit investment building in a prime location near downtown Elizabeth. The first floor comprises two units, each featuring 1 bedroom and 1 bathroom, while the second floor boasts a spacious unit with 3 bedrooms and 2 bathrooms. The property offers a large driveway leading to the backyard, where you'll find three garages and a shed, providing ample parking and storage options. One of the units (Unit 1) is currently occupied on a month-to-month basis, offering an immediate rental income opportunity. The building's utilities are all separated, which is a significant advantage for managing expenses. The property's location is highly convenient, being close to NYC train access, making commuting to the city easy, and in the proximity to Trinitas medical center. The property is being sold as-is. With its flexible configuration, this investment building presents intriguing possibilities - occupy the 3-bedroom unit (Unit 3) while renting out the two units on the first floor, generating rental income to offset your own housing costs and build equity in the property.
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Data last updated 2023-09-23T22:46:22.873.