$625,000
$625,000
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413 FULTON ST Elizabeth, NJ 07206
5 Beds
5 Baths
Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240017061
Sold Date 12/23/24
Style Other-See Remarks
Bedrooms 5
Full Baths 5
Annual Tax Amount $10,560
Tax Year 2023
Lot Dimensions 25x100
Property Sub-Type 2 Family
Property Description
Discover a remarkable investment opportunity in Elizabeth, NJ with this fully rented 4366sqft 2-family house , boasting a 10% Cap Rate. Featuring 6 spacious bedrooms, 4 full bathrooms, 5 bonus rooms, and ample living space, this property offers modern upgrades and convenience for comfortable living. The 1st-floor unit features 2 bedrooms, a spacious layout with a living room, dining area, eat-in kitchen, and bathroom. The 2nd-floor unit includes 3 bedrooms, a living area, eat-in kitchen, and bathroom. The finished attic provides 3 bonus rooms, a bathroom, and a kitchenette, currently serving as an indoor plant nursery and gym. The ground-level owner-occupied suite has 2 bonus rooms, a bathroom, and a kitchenette. The unfinished laundry room includes 2 washers, 2 dryers, a bathroom, and utility closets with separate electric meters per floor. Located just minutes from schools, bus stops, public transportation, and major routes, this property is ideal for savvy investors seeking rental income or owner-occupants looking to offset their mortgage. Don't miss your chance to own this exceptional 2-family home in Elizabeth, NJ!
Location
State NJ
County Union
Area Elizabeth
Rooms
Basement Finished, Full
Interior
Heating Other-See Remarks
Cooling Other-See Remarks
Exterior
Exterior Feature Aluminum/Vinyl
Parking Features None
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