Exceptional income-producing investment opportunity in Elizabeth's thriving Midtown/Elmora section. This well-maintained 3-unit property offers strong rental demand and consistent income potential, making it ideal for investors or owner-occupants. Each unit includes one dedicated parking space, modern kitchens and bathrooms, and spacious layouts. The property also features extra bonus space in the fully finished basement with its own private access, offering flexible use for storage or additional gathering space. All units are income-producing with reliable, long-term month-to-month tenants and a strong history of on-time rent payments. Perfect for an owner-occupant to live in one unit while renting the others to help offset the mortgage. Conveniently located near Kean University, NJ Transit, major highways, Newark Airport, and the Port of Elizabeth. This is a prime opportunity that will not last!
108 Orchard St, Elizabeth City NJ 07208-3106
Property City
Elizabeth City
Property Price
$849,000
Bedrooms
8
Year Built
1900
Tax Annual Amount
$10445
TaxYear (*text)
2024
Roof (*text)
Asphalt Shingle
Lot Size Area
0.08
MLS Status
Active
MLS #
4012449
Yearly Tax Rate
1.924
Year Built (*numeric)
1900
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
9
Basement (*text)
Yes
Cooling (*text)
Wall A/C Unit(s)
GarageSpaces
0
Heating
Baseboard - Hotwater
Lot Size Dimensions
33X100
Data import from
GSMLS