Unparalleled Passive Income Potential in Prime Elizabeth LocationSavvy investors, this is the multifamily gem you've been searching for! 2-unit property in the heart of Elizabeth offers unbeatable passive income potential.Eac unit currently rents for $3,000 per month, providing a combined monthly rental income of $6,000. The property also features 7 parking spaces that potentially can generate an additional $1,400 in monthly revenue, bringing the total monthly income to an impressive $7,400!This home boasts a fantastic location and numerous desirable features. Unit 1 offers 3 bedrooms and 2 bathrooms, while Unit 2 provides 2 bedrooms and 1.5 bathrooms. Both units feature open-concept layouts with ample natural light, updated kitchens showcasing stainless steel appliances, granite countertops, and generous storage space.The fully finished basement adds even more versatile living and storage space, perfect for additional bedrooms, a home office, or a recreational area. Completing this exceptional property is a 3-car detached garage, providing abundant off-street parking and secure storage.DELIVERED FULLY VACANTSituated in a prime Elizabeth location, this property offers easy access to major highways, public transportation, and a wealth of shopping, dining, and entertainment options. Don't miss your chance to own this exceptional income-generating asset. Schedule your private tour today!
Property Type :
Multi Family
County :
Union
Style :
Multi Family
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ByOwner last updated this listing 05/06/2024 @ 02:41
MLS: 3896570
LISTED BY: , SIGNATURE REALTY NJ
SOURCE: Garden State MLS - New Jersey
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
