$1,080,000
$1,300,000
16.9%For more information regarding the value of a property, please contact us for a free consultation.
8,976 SqFt
SOLD DATE : 04/11/2022
Key Details
Sold Price $1,080,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 8,976 sqft
Price per Sqft $120
MLS Listing ID NJUN2000012
Sold Date 04/11/22
HOA Y/N N
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $27,192
Tax Year 2021
Lot Dimensions 37.38 x 114.05
Property Sub-Type Mixed Use
Property Description
Want a turn key investment? This is your opportunity to be the landlord who sits back and have income flow in! Two commercial tenants one with a five years lease till Dec 2024, other on Mon to Mon. Two residential units each with over 2,200 SF, both on Month to Month as well. The building is sitting right in business center, heavy commercial zone. Long term tenants mean steady income! Apartment units feature in granite countertop, new laminated flooring installed in 2018. New sprinkler system installed under city's instruction. Residential units showings are limited: 2nd floor only Tuesday 11am to 8pm and Thursday 11am to 8pm. 3rd floor Sunday to Wed 12 noon to 3pm; Thursday to Saturday 10 am to 11am.
Location
State NJ
County Union
Area Elizabeth City (22004)
Zoning C-5
Interior
Hot Water Electric
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Elizabeth Public Schools
Others
Tax ID 04-00009-00447
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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