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$1,999,000

Est. payment - /mo

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4,122 SqFt

Active

802 3rd AVE Elizabeth, NJ 07202

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Lodi Tannios

ltannios3@gmail.com +1(201) 744-0281

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,122 sqft

Price per Sqft $484

MLS Listing ID 2611521R

Annual Tax Amount $15,792

Tax Year 2024

Lot Size 2,626 Sqft

Acres 0.0603

Lot Dimensions 105.00 x 0.00

Property Sub-Type Commercial

Source CJMLS API

Property Description

Turnkey 6 family brick investment property located in one of the best areas of Elizabeth. This well maintained building offers strong rental income and is perfect for investors looking for a stable cash flowing asset. Each unit features a brand new mini split heating and cooling system, providing efficient climate control for tenants. The property also includes all new electrical panels, giving the next owner peace of mind with major upgrades already completed. The building has been exceptionally maintained and requires no immediate repairs, making it a true plug and play investment. Solid all brick construction offers durability and low maintenance ownership. All units are occupied by excellent tenants, allowing the new owner to simply take over and start collecting rent from day one. Rare opportunity to own a profitable multi family property in a prime Elizabeth location with modern upgrades already in place. Ideal for investors seeking reliable income and long term appreciation.

Location

State NJ

County Union

Zoning residential

Interior

Interior Features Refrigeration

Cooling Wall Unit(s), Window Unit(s)

Flooring Tile, Wood

Appliance Refrigeration

Heat Source Natural Gas

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Flat

Building

Lot Description Near Public Transit, Near Shopping, Residential Area

Story 4

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 0400602000000016

Energy Description Natural Gas

Virtual Tour https://www.propertypanorama.com/instaview/msx/2611521R

Listed by KELLER WILLIAMS WEST MONMOUTH

NEARBY SCHOOL & BUSINESS

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Lodi Tannios

Broker | License ID: 1754793

+1(201) 744-0281

802 3rd AVE Elizabeth, NJ 07202

Lodi Tannios

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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802 3rd AVE