415 Magie Avenue, Elizabeth, NJ 07208

$780,000
6
BD
3
BA

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List Price
$780,000
Status
ACTIVE
Days on Market
14
MLS#
22621514
Subtype
Residential Income
Year Built
1915
Bedrooms
6
Bathrooms
3
Full Baths
3
Acres
0.12
MLS Area Major
Elizabeth (ELI)

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
Zoning
Residential, Multi-Family
Air Conditioning
Multi Units
Roof
Shingle

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty West Monmouth. Contact: