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$ 1,040,000
Est. payment /mo
New
1028 Sheridan Ave Elizabeth City, NJ 07208
8 Beds
5 Baths
3,662 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,662 sqft
Price per Sqft $283
MLS Listing ID 4047597
Style 2-Two Story
Bedrooms 8
Full Baths 5
Year Built 1927
Annual Tax Amount $13,465
Tax Year 2025
Lot Size 4,356 Sqft
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!**
Location
State NJ
County Union
Rooms
Basement Finished-Partially
Interior
Heating Gas-Natural
Cooling Wall A/C Unit(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features Assigned
Garage Spaces 2.0
Utilities Available All Underground
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No

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Listed by ELITE REALTORS OF NEW JERSEY
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