1029 Elizabeth Ave, Elizabeth City, NJ 07201

$1,099,000

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List Price
$1,099,000
Price Change
▼ $76,000 1788993983
MLS#
4040052
Dom
60
Year Built
1920
Status
ACTIVE
County
Union
City
Elizabeth City
Acres
8.36

Property Description

Don't miss this fully occupied 4-unit mixed-use office/retail building located on busy Elizabeth Avenue in the heart of Elizabeth's thriving commercial corridor. This income-producing property features approximately 5,074 square feet of rentable space offering immediate cash flow with all four units currently leased on month-to-month agreements. The property includes separate utilities, natural gas heat, public water and sewer, and fire alarm equipment. Prime location offers outstanding visibility and convenient access to Route 1, surrounded by established businesses and residential neighborhoods.The sale is contingent upon the Seller's successful completion of a Section 1031 Exchange. The Seller must identify and secure the purchase of a replacement investment property. The Buyer agrees to cooperate with the Seller's 1031 Exchange at no additional cost or liability to the Buyer

Additional Information

Taxes
$15,404
Cooling
4+ Units
Exterior
Brick/Block
Heating
4+ Units
Roof
Flat
Sewer
Public Sewer
Water
Public Water

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Calculator source: Real Geeks

Listing Courtesy Of COLDWELL BANKER REALTY, Contact: 973-930-2601

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