334 1st Avenue,Elizabeth, NJ 07206
Elizabeth, NJ 07206
Description
The perfect rooming house does exist and this exceptional investment property is proof. Offering strong, consistent cash flow and an impressive level of maintenance and upgrades, this property is a true turnkey opportunity for investors looking to add a high-performing asset to their portfolio. Meticulously maintained and thoughtfully improved by the current owner, the property features 8 rooming units, 6 bathrooms, a large finished basement, parking, central A/C, forced hot-air heating, and much more. Every detail has been cared for, creating a property that not only performs financially but also stands out in quality and presentation. The owner occupies first floor principal unit counts with 2 bedrooms, which has been beautifully upgraded with a modern kitchen, renovated bathroom, and tasteful finishes throughout, offering comfortable and stylish living space while adding even more value to the property.Location is another major advantage. Situated conveniently near major highways, Newark Airport, shopping centers, and public transportation, the property offers easy access to everything helping support strong rental demand and year-round occupancy. Whether you're an experienced investor looking to expand your portfolio or searching for a proven income-producing property, this is an opportunity that deserves your attention. Don't miss your opportunity to own this exceptional income producing asset. Schedule showing today this could be your next great investment
Details
| MLS # | 26032075 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Under Contract |
| Days On Site | 42 |
| Listing Provided By | Keller Williams City Views Realty | Liliam Nunez-Paz |
Features
| Water Front | None |
|---|
Interior
| Heat | Central Air, Gas, Hot Air |
|---|
Exterior
| Waterfront | None |
|---|
Utilities
| Utilities | O/See Rmks |
|---|
Taxes
| Taxes | 11125 |
|---|
Area Information
| State | NJ |
|---|---|
| County | UNION |
| City | Elizabeth |
| Zip Code | 07206 |
| Area | Elizabeth |
| Listing VS Median (in 07206) | |
Price: $899,999 low | high Med: $0 On site: 42 low | high Med: | |
Market Activity 07206
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Learn More About This Property
| State | NJ |
|---|---|
| County | UNION |
| City | Elizabeth |
| Zip Code | 07206 |
| Area | Elizabeth |
| Listing VS Median (in 07206) | |
Price: $899,999 low | high Med: $0 On site: 42 low | high Med: | |
