261 2nd St, Elizabeth City, NJ 07206

$899,000

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List Price
$899,000
Status
ACTIVE
Days on Market
428
Price Change
▼ $100,000 1775503263
MLS#
3965540
Year Built
9999
Acres
0.12

Property Description

Back on the Market. Excellent investment opportunity in the heart of Elizabethport a vibrant and growing area just minutes from the waterfront and major transportation! This high-visibility corner property features three income-generating units, including two established commercial storefronts and a 2-bedroom residential apartment. Property Features: Prime corner location with great exposure and steady foot traffic. Two commercial units currently leased and operating as a restaurant and a liquor store. Upstairs 2-bedroom apartment with a private entrance ideal for an owner-occupant or to generate additional rental income. This property is perfect for investors seeking a turnkey asset in a revitalizing area, or business owners looking to live and work in one location. With its corner presence and proximity to redevelopment projects in Elizabethport, this is a smart buy with strong upside potential.

Additional Information

Taxes
$16,640
Heating
1 Unit, Radiators - Steam
Air Conditioning
No Cool
Exterior Features
See Remarks
Roof
Flat
Number Of Units
3

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of RE/MAX NEW MILLENNIUM GROUP, Contact: 908-282-1234

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