$761,000
$699,500
8.8%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
5 Baths
SOLD DATE : 06/28/2024
Key Details
Sold Price $761,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24010316
Sold Date 06/28/24
Style 2 Family
Bedrooms 7
Full Baths 5
Annual Tax Amount $6,800
Property Description
Turnkey multi family with significant income potential and outstanding amenities situated in the city of Elizabeth. With 5 short term accommodation units generating between $**,000 to $**,000 per month with a management team in place. Daily rental 3 bed $**-** & 1bed/studio $**-*** per night. Long term rental 2 x 3 bed $****-****, 1 bed $**** & studio $****-**** estimated month rental $****-$*****. Whether you're looking to live mortgage free, expand your portfolio or generate passive income, this property is an excellent choice. Each apartment is meticulously designed with outstanding luxury finishes, offering tenants or guests a modern and comfortable living experience. Bright floors and abundant natural light create an inviting atmosphere throughout and spacious garden perfect for entertaining.
Location
State NJ
County Union
Area Elizabeth
Rooms
Basement Finished, Full
Interior
Heating Baseboard, Hot Water, O/See Remk, Radiators, Other Fuel Source/See Rmks
Fireplaces Type None
Laundry Basement
Exterior
Exterior Feature Other, Vinyl
Garage None
Utilities Available O/See Rmks
Waterfront Description None
View None
Building
Lot Description Regular
Others
Senior Community No
Ownership Private
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