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413 Fulton St

Elizabeth City, NJ 07206
  • $625,000
  • STATUS: Active Under Contract
  • ON SITE: 97 Days
  • MLS #: 3921317
UPDATED: 17 min ago
$625,000
  • 5
    BEDS
  • 0.06
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,366
    SQFT
  • $143
    $/SQFT
Type:
Multi-Family
Built:
1900
County:

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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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pina Nazario, Coldwell Banker Residential Brokerage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Pina Nazario, Coldwell Banker Residential Brokerage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-12-05T23:46:15.943.
www.pickpina.com/homes/154399233
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413 Fulton St Elizabeth City, NJ 07206

  • Price: $625,000
  • Status: Active Under Contract
  • On Site: 97 Days
  • Updated: 17 min ago
  • MLS #: 3921317
5
Beds
5
Baths
0
½ Baths
0.06
Acres
4,366
SQFT
$143
$/SQFT
1900
Built
County:
Union
Area:
Elizabeth City
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!
Exterior Features

Approximate Lot Size 25X100 Exterior Description Aluminum Siding Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FinishedFull Cooling See Remarks Heating See Remarks Total Number Of Rooms 16 Unit1 Appliances Equipment See Remarks Unit1 Baths 2.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 2 Unit1 Room Description BedroomsKitchenLiving Room Unit1 Rooms 4 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment See Remarks Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsKitchenLiving Room Unit2 Rooms 4 Unit2 Sq Ft 0

Property Features

Assessment Total 461900 Building Assessment 329100 Easement No Expenses Include See Remarks Fha Age Restricted No Fuel Type See Remarks Gross Operating Income 0 Land Assessment 132800 Net Operating Income 0 Sewer See Remarks Tax Amount 10560 Tax Rate Amount 31.430 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 0 Unit Style See Remarks Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays Electric Unit1 Rent 1538 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays Electric Unit2 Rent 1486 Unit2 Security Deposit 0 Utilities See Remarks Water See Remarks Water Heater See Remarks Year Built Description Unknown

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of COLDWELL BANKER REALTY: 201-889-6528.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pina Nazario, Coldwell Banker Residential Brokerage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Pina Nazario, Coldwell Banker Residential Brokerage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-12-05T23:46:15.943.
 
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Pina Nazario, Coldwell Banker Residential Brokerage
789 Clifton Avenue
Clifton NJ, 07013