3 Family For Sale - 700-702 Park Avenue, Elizabeth, NJ 07208

700-702 Park Avenue, Elizabeth, 07208, NJ

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Welcome to an incredible, high-income producing opportunity located in the highly desirable and quiet residential section of Elmora Hills in Elizabeth, NJ! This massive, 5328 square foot multi-family property is perfect for a savvy investor looking to maximize their portfolio or a buyer wanting to occupy one unit while renting out the other two. The first unit is exceptionally spacious; offering three bedrooms and three bathrooms. Its main floor features a large kitchen, a bright living and dining area, two bedrooms and two bathrooms-including a primary bedroom with its own private bath. Up on the second level of this same unit, you will find an additional private bedroom and bathroom. The second unit features a comfortable two-bedroom, one-bathroom layout, while the third unit offers a cozy one-bedroom setup. Flooded with natural light, this home boasts a beautiful front yard, a detached garage, and a private driveway with ample parking. Situated in a convenient location, it offers close proximity to local shopping centers, parks, public transit, major highways, and Kean University. With its massive footprint, fantastic neighborhood, and immense rental upside, this property is a rare find that has a substantial return on investment. Don't miss out on this fantastic Elmora Hills gem-schedule your private tour today and see the endless potential for yourself!

MLS# 2706346R

KELLER WILLIAMS WEST MONMOUTH

Active For Sale Multifamily

$1,249,000

• 5328 sqft

3 Family

1920 Year built

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Property Features

Area

5328

Roof

See Remarks

Type

MLF

Cooling

A/C Central - Some,A/C Window Unit(s), Unit 1(A/C Central)

Heating

Radiant, Forced Air

Lot Size

0.00 x 0.00

Stories

Year Built

1920

Sub Type Text

3 Family

Garage Spaces

Lot Description

Corner Lot, See Remarks, Irregular Lot

Exterior Features

Porch(es) - Enclosed, Curbs, Deck, Sidewalk

Interior Features

Unit 1(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room,2+ Baths), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks), Unit 3(1 Bedroom,Kitchen,1 Bath,Living Room,See Remarks)