201 3rd Street, Elizabeth, NJ 07206

$1,300,000

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List Price
$1,300,000
Status
ACTIVE
Type
Commercial
MLS#
22624060
Region
Elizabeth (ELI)
Year Built
1905

Property Description

Calling all investors-don't miss this exceptional income-producing opportunity! This well-maintained six-unit mixed-use investment property is prominently positioned on a highly visible corner lot in the heart of Elizabeth. Featuring five fully leased residential apartments and one street-level commercial storefront, this turnkey asset delivers immediate rental income with a stable, established tenant base. Additional highlights include a full basement with utilities, a detached garage, and exceptional potential for long-term appreciation. Ideally located with convenient access to Downtown Elizabeth, Newark, New York City, NJ Transit, major highways, shopping, dining, schools, and everyday amenities, this property offers the accessibility and visibility that both residential and commercial tenants value. Combining strong cash flow, a prime location, and a fully occupied mixed-use configuration, this is a standout investment opportunity for any portfolio. Opportunities like this don't come around often--don't wait on this one!

Additional Information

Acres
0.04
Zoning
Mixed
Taxes
$15,946
Subtype
Mixed Use
Year Built
1905
Heat Ac
See Remarks
Garage
Yes
Garage Capacity
1
Stories
3
Electric
Other - See Remarks

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty West Monmouth. Contact: