1028 Sheridan Ave, Elizabeth City, NJ 07208

$1,040,000
8
BD
5
BA

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List Price
$1,040,000
Days on Market
4
Status
ACTIVE
MLS#
4047597
Bedrooms
8
Bathrooms
5
Full Baths
5
Lot Size (Acres)
0.1
Year Built
1927

Property Description

**INVESTOR & OWNER-OCCUPANT OPPORTUNITY!** Welcome to 1028 Sheridan Avenue, a well-maintained and updated legal 4-family property featuring four spacious 2-bedroom, 1-bath apartments. Fully occupied and generating strong rental income, with the possibility of one unit being delivered vacant. The property also features an expansive finished attic offering additional bonus space with a bedroom, full bath and kitchenette. Additional highlights include two separate unfinished basements, coin-operated laundry, an oversized two-bay garage, plus two additional off-street parking spaces. Boilers and water heaters were replaced approximately two years ago, offering added peace of mind for the next owner. Updated interiors, excellent income potential and room for future growth make this an outstanding addition to any investment portfolio or an excellent opportunity for an owner-occupant looking to offset their mortgage with rental income. Conveniently located near major highways, shopping, dining, schools and transportation. **A rare opportunity to acquire a turnkey 4-family property in Elizabeth!**

Additional Information

Area
Elizabeth City
Basement Desc
Finished-Partially
Utilities
All Underground
Taxes
$13,465
Exterior
Vinyl Siding
Water
Public Water
Basement
Yes
Cooling
Wall A/C Unit(s)
Roof
Asphalt Shingle
Show Address
Yes

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Listing Courtesy Of ELITE REALTORS OF NEW JERSEY, Contact: 9088032929

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