552 Elizabeth Ave Elizabeth City, NJ 07206
Other
MLS #: 3957429
Courtesy Of eXp Realty, LLC
Property InformationDescription
Value-Add Mixed-Use Opportunity in Red-Hot Elizabethport!552-554 Elizabeth Ave offers stable income today with huge upside for tomorrow. This mixed-use building features 2 spacious 2-bed/1-bath units, 1 non-conforming 1-bed unit, and a commercial space currently used as an auto repair shop.Long-term tenants mean under-market rents, leaving room for increased cash flow. Zoned R-4, the double lot presents a rare chance for potential redevelopment into a higher-density multi-unit mixed-use property (buyer to verify).With over 30 years under one owner, this is the kind of investment that doesn't come around often ideal for investors or developers looking to capitalize on the area's explosive growth.Sold as-is. Buyer is responsible for due diligence.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 4
- Floors: 2
- MLSID: 3957429
- Roof Type: Flat
MAP & DIRECTIONS
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