201 3rd St, Elizabeth, NJ 07206

$1,300,000

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List Price
$1,300,000
Days on Market
0
Status
ACTIVE
MLS#
NJUN2000624
Lot Size (Acres)
0.04
Year Built
1905
County
Union
School District
Elizabeth Public Schools

Property Description

Calling all investors—don't miss this exceptional income-producing opportunity! This well-maintained six-unit mixed-use investment property is prominently positioned on a highly visible corner lot in the heart of Elizabeth. Featuring five fully leased residential apartments and one street-level commercial storefront, this turnkey asset delivers immediate rental income with a stable, established tenant base. Additional highlights include a full basement with utilities, a detached garage, and exceptional potential for long-term appreciation. Ideally located with convenient access to Downtown Elizabeth, Newark, New York City, NJ Transit, major highways, shopping, dining, schools, and everyday amenities, this property offers the accessibility and visibility that both residential and commercial tenants value. Combining strong cash flow, a prime location, and a fully occupied mixed-use configuration, this is a standout investment opportunity for any portfolio. Opportunities like this don't come around often—don't wait on this one!

Additional Information

Area
Elizabeth City (22004)
Taxes
$15946
School District
Elizabeth Public Schools
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C, Window Unit(s)
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty West Monmouth. Contact: 7325369010