$625,000
Pending
Browse 22 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Discover a remarkable investment opportunity in Elizabeth, NJ with this fully rented 2-family house, boasting a 10% Cap Rate. Featuring 6 spacious bedrooms, 4 full bathrooms, 5 bonus rooms, and ample living space, this property offers modern upgrades and convenience for comfortable living.The 1st-floor unit features 2 bedrooms, a spacious layout with a living room, dining area, eat-in kitchen, and bathroom. The 2nd-floor unit includes 3 bedrooms, a living area, eat-in kitchen, and bathroom. The finished attic provides 3 bonus rooms, a bathroom, and a kitchenette, currently serving as an indoor plant nursery and gym.The ground-level owner-occupied suite has 2 bonus rooms, a bathroom, and a kitchenette. The unfinished laundry room includes 2 washers, 2 dryers, a bathroom, and utility closets with separate electric meters per floor.Located just minutes from schools, bus stops, public transportation, and major routes, this property is ideal for savvy investors seeking rental income or owner-occupants looking to offset their mortgage. Don't miss your chance to own this exceptional 2-family home in Elizabeth, NJ!

  • Interior Details
      • HeatingSee Remarks
      • Heating SourceSee Remarks
    • Beds & Baths
      • Bedrooms5
  • Property Details
      • Exterior MaterialsAluminum Siding
  • Construction Details
      • Basement DescriptionFinished, Full
      • Property TypeMulti-Family
      • BasementYes
    • Condition
      • Year Built1900
    • Material information
      • RoofAsphalt Shingle
  • Utilities / Energy Details
      • Sewer InformationSee Remarks
      • Utility FeaturesSee Remarks
      • WaterSee Remarks
      • Water HeaterSee Remarks
  • Other
      • MLS #3921317

Location

Salvatore BocchinoReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00