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!
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5BEDS
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0.06ACRES
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5BATHS
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01/2 BATHS
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4,366SQFT
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$143$/SQFT
School Ratings & Info
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!
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