413 Fulton St Under Contract

Elizabeth City,NJ 07206

$ 625000

5 Beds

5 Baths

4366 SqFt


Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,366 sqft

Price per Sqft $143

MLS Listing ID 3921317

Style See Remarks

Bedrooms 5

Full Baths 5

Year Built 1900

Annual Tax Amount $10,560

Tax Year 2023

Lot Size 2,613 Sqft

Property 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!

Location

State NJ

County Union

Interior

Heating See Remarks

Cooling See Remarks

Exterior

Exterior Feature Aluminum Siding

Utilities Available See Remarks

Roof Type Asphalt Shingle

Building

Sewer See Remarks

Water See Remarks

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