415 Magie Ave, Elizabeth City, NJ 07208

$780,000
6
BD
3
BA

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List Price
$780,000
MLS#
4040707
Year Built
1915
Status
ACTIVE
County
Union
City
Elizabeth City
Subdivision
Elmora
Bedrooms
6
Bathrooms
3
Baths Full
3
Acres
0.12

Property Description

Attention savvy buyers and investors! This is your rare opportunity to own a powerhouse income-generating property right in the heart of Elizabeth's highly coveted Elmora neighborhood. Perfectly positioned for maximum rental demand, this standout two-family home delivers incredible value, cash flow potential, and long-term appreciation at an unbeatable price point. The property features two spacious, light-filled units, each boasting a comfortable 3-bedroom, 1-bathroom layout. Adding massive value to the building is a versatile basement complete with its own full bathroom, offering excellent flexibility. Commuters will absolutely love the unbeatable location, situated just moments from easy NYC transportation, making transit a breeze. Nestled near highly regarded local schools, shopping, and dining, this property is positioned in a vibrant, high-demand rental market.Whether you want to add a premier multi-family asset to your investment portfolio or live in one unit while letting the other pay your mortgage, this is a rare opportunity to build long-term wealth at an incredible price point. Opportunities like this in Elmora do not last long-schedule your tour today and secure your next great investment before it's gone!

Additional Information

Taxes
$10,589
Cooling
Window A/C(s)
Exterior
Vinyl Siding
Heating
2 Units, Baseboard - Electric
Roof
Asphalt Shingle
Sewer
Public Sewer
Water
Public Water
Basement
Yes

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Calculator source: Real Geeks

Listing Courtesy Of KELLER WILLIAMS REALTY, Contact: 732-536-9010

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