443 Jackson Ave - Storefront Retail/Residential FOR SALE


Elizabeth, NJ 07201
$985,000 USD
917-244-4673
443 Jackson Ave, Elizabeth, NJ for Sale
$985,000 USD
Storefront Retail/Residential - FOR SALE
1/29
null | 7.97% Cap Rate

443 Jackson Ave
Elizabeth, NJ 07201


HIGHLIGHTS

  • Corner Property
  • Busy Intersection
  • Income Producing

OVERVIEW

An incredible opportunity to own a Mixed-use income-generating property! This corner property offers two residential apartments and two stores. The first apartment is a four-bedroom with an eat-in kitchen and living room. The second apartment is a five-bedroom with an eat-in kitchen, two bathrooms, and plenty of living space. The driveway and detached garage can generate additional income by being rented out for storage and parking. Rent from both stores totals 3100, the rent for two apartments, for each 2400 per unit plus an opportunity to rent out the garage for 750, bringing it to 8650 monthly Close to all Major highways /Mass transit, commuter-friendly!

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

7.97%

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Convenience Store, Drug Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

2.07 AC

LAND SF

90,169 SF

ZONING

4A

APN/PARCEL ID

04-00012-0000-00344

ASK ABOUT THIS PROPERTY

Moshe WigderBetter Homes and Gardens Real Estate-EliteMore Info
917-244-4673

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Moshe WigderBetter Homes and Gardens Real Estate-EliteMore Info
917-244-4673

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.