$ 619,000
165 Washington Ave Elizabeth City, NJ 07202
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$ 619,000
Est. payment | /mo
3,484 Sqft Lot
$ 619,000
Est. payment | /mo
3,484 Sqft Lot
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Washington
MLS Listing ID 3898356
Year Built 1910
Annual Tax Amount $12,384
Tax Year 2023
Lot Size 3,484 Sqft
Property Description
Discover a unique investment opportunity in the heart of Elizabeth, located in the bustling Washington section. This all-brick, Three unit, mixed-use building is perfectly positioned on a main street, featuring three units, two of which are currently operational. Newly remodeled apartment wit HVAC. The ground floor hosts a commercial store, generating a monthly rental of $3,400. Above, find a spacious three-bedroom apartment with a full bathroom, upgraded vinyl flooring, and an eat-in kitchen that opens to a bright and airy living space complete with a porch/patio. This unit is ideal for both comfort and convenience, situated just blocks from the Broad Street shopping district and Elizabeth High School. The rear of the building offers an additional 1500-2000 sqft of space, ready to be transformed into another three-bedroom apartment, complete with separate electric and gas meters. With on-street parking and proximity to key amenities, this property promises significant income potential and is a lucrative investment for the savvy buyer.
Location
State NJ
County Union
Zoning Commercial
Rooms
Basement Partial, Unfinished
Interior
Heating Electric, Gas-Natural
Cooling 1 Unit, Central Air
Flooring Laminate
Equipment Restrooms - Private, Smoke Detector, Storage Area(s)
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available Gas-Natural
Roof Type Flat
Parking Type On-Street Parking
Building
Lot Description Level Lot
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by BROOKMAN REALTY