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Home For Sale New Jersey Elizabeth 3683
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Mixed Use For Sale By Owner

Income Generating 8 Units Mixed Use




706-708 Jackson Ave, Elizabeth, New Jersey 07201 United States
Description

Great opportunity to own income generating 8 units mixed use. Tenants pay for all utilities and maintains building. All units are 100% occupied. Owner is willing to extend leases as per buyer's request. Property consists of 4 apartments and 4 storefronts.

Net Operating Income $73,310
Gross Income $97,800

List Price $975,000

Located within close proximity to Newark Int'l Airport, Route 1&9 and transit train/bus

Price: $975,000
Property Sub-Type: Mixed Use
Price/Unit: $975,000
Cap Rate: 7.5 %
Gross Rent Multplier: 9.96
Year Built : 1940
No of Stories: 3
Occupancy: 100 %
Listing ID: 3683

Map of: 706-708 Jackson Ave, Elizabeth, New Jersey 07201 United States

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