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Thomas Ciccarone

tom.ciccarone@cbrealty.com +1(908) 448-8050

$ 619,000

Est. payment -/mo

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165 Washington Ave Elizabeth City, NJ 07202

3,484 Sqft Lot

UPDATED:

06/18/2024 07:46 PM

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Washington

MLS Listing ID 3898356

Year Built 1910

Annual Tax Amount $12,384

Tax Year 2023

Lot Size 3,484 Sqft

Property Description

Discover a unique investment opportunity in the heart of Elizabeth, located in the bustling Washington section. This all-brick, Three unit, mixed-use building is perfectly positioned on a main street, featuring three units, two of which are currently operational. Newly remodeled apartment wit HVAC. The ground floor hosts a commercial store, generating a monthly rental of $3,400. Above, find a spacious three-bedroom apartment with a full bathroom, upgraded vinyl flooring, and an eat-in kitchen that opens to a bright and airy living space complete with a porch/patio. This unit is ideal for both comfort and convenience, situated just blocks from the Broad Street shopping district and Elizabeth High School. The rear of the building offers an additional 1500-2000 sqft of space, ready to be transformed into another three-bedroom apartment, complete with separate electric and gas meters. With on-street parking and proximity to key amenities, this property promises significant income potential and is a lucrative investment for the savvy buyer.

Location

State NJ

County Union

Zoning Commercial

Rooms

Basement Partial, Unfinished

Interior

Heating Electric, Gas-Natural

Cooling 1 Unit, Central Air

Flooring Laminate

Equipment Restrooms - Private, Smoke Detector, Storage Area(s)

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Gas-Natural

Roof Type Flat

Parking Type On-Street Parking

Building

Lot Description Level Lot

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Listed by BROOKMAN REALTY

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Thomas Ciccarone

Sales Associate | License ID: 1867455

+1(908) 448-8050

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Thomas Ciccarone

Thomas Ciccarone

165 Washington Ave Elizabeth City, NJ 07202

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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165 Washington Ave