261 2nd St Active

Elizabeth City,NJ 07206

$ 1300000

- Bed

- Bath

6425 SqFt


Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,425 sqft

Price per Sqft $202

MLS Listing ID 3965540

Annual Tax Amount $16,640

Tax Year 2024

Lot Size 5,227 Sqft

Property Sub-Type Mixed Use

Property Description

Excellent investment opportunity in the heart of Elizabethport a vibrant and growing area just minutes from the waterfront and major transportation! This high-visibility corner property features three income-generating units, including two established commercial storefronts and a 2-bedroom residential apartment. Property Features: Prime corner location with great exposure and steady foot traffic. Two commercial units currently leased and operating as a restaurant and a liquor store. Upstairs 2-bedroom apartment with a private entrance ideal for an owner-occupant or to generate additional rental income. This property is perfect for investors seeking a turnkey asset in a revitalizing area, or business owners looking to live and work in one location. With its corner presence and proximity to redevelopment projects in Elizabethport, this is a smart buy with strong upside potential.

Location

State NJ

County Union

Zoning Comm/Res

Interior

Heating Electric, Gas-Natural

Cooling No Cool

Equipment Fixtures, Kitchen Area, Restrooms - Private

Exterior

Exterior Feature See Remarks

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Story 2

Sewer Public Sewer

Water Public Water

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