821 Martin St, Elizabeth, NJ, 07201-2714

821 Martin St, Elizabeth, NJ, 07201-2714

1971

0 sqft

Don't miss out on the opportunity to own a six-unit apartment building in prime real estate ELIZABETH! Built in 1971, this property features maintenance-free, all-solid brick exterior, and likewise low maintenance all electric heating (baseboard and water heater). Tenants in each unit are responsible for their own electricity expenses, facilitating accurate property management. The building consists of four three-bedroom units, one two-bedroom unit, and a generously-sized four-bedroom unit, all currently occupied by long-standing tenants. Additionally, each unit comes with assigned parking, and there are two extra parking spots available for additional rental income. Whether you're a seasoned investor or new to the game, this property promises strong rental demand and steady cashflow. Moreover, its prime location offers convenient access to shopping centers, major highways, and schools.


Status:

Active

Type:

Commercial

Units:

6

Zoning:

Residential

Heating:

Electric Baseboard - Electric

Cooling:

Window A/C(s)

Basement:

French Drain, Unfinished

Levels:

2

Parking:

1 Car Width, Assigned, Blacktop

Lot Size:

75X124

Acreage:

0.21

Est. Taxes:

$20,469

Assessment

$65,000

Current Use

Apartment Complex

Utilities

All Underground, Electric

MLS #:

3896031


Community Info

School Info

Walk Score

Mass Transit

Yelp


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