About 201 3rd Street
Calling all investors-don't miss this exceptional income-producing opportunity! This well-maintained six-unit mixed-use investment property is prominently positioned on a highly visible corner lot in the heart of Elizabeth. Featuring five fully leased residential apartments and one street-level commercial storefront, this turnkey asset delivers immediate rental income with a stable, established tenant base. Additional highlights include a full basement with utilities, a detached garage, and exceptional potential for long-term appreciation. Ideally located with convenient access to Downtown Elizabeth, Newark, New York City, NJ Transit, major highways, shopping, dining, schools, and everyday amenities, this property offers the accessibility and visibility that both residential and commercial tenants value. Combining strong cash flow, a prime location, and a fully occupied mixed-use configuration, this is a standout investment opportunity for any portfolio. Opportunities like this don't come around often--don't wait on this one!
Features of 201 3rd Street
| MLS® # | 22624060 |
|---|---|
| Price | $1,300,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,014 |
| Acres | 0.04 |
| Year Built | 1905 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Style | Apartments, Other |
| Status | Active |
Community Information
| Address | 201 3rd Street |
|---|---|
| Area | Elizabeth (ELI) |
| City | Elizabeth |
| County | Union |
| State | NJ |
| Zip Code | 07206 |
Amenities
| Parking | On Street |
|---|---|
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | See Remarks |
|---|---|
| Cooling | Central Air, Window Unit(s) |
| Fireplace | No |
| # of Stories | 3 |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Agent | Lara Jaber |
|---|---|
| Office | Keller Williams Realty West Monmouth |