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$545000 Investment Property, 8 studio apartments (Elizabeth, NJ)
Easy to run. 3 story building with 8 studio apartments each with private bath, kitchenette and off street parking. Lot size measures 40 X 160. The super lives in the building and collects the rent, cleans the building, takes care of the trash and generally tends to the building. The location is 1/2 mile from the train station. The ride to Manhattan is approximately 30 minutes. A new super market, Stop & Shop, is located directly across from the train station. The public bus is three(3) blocks away. Also major routes such as 1 & 9, the turnpike and others are within a five (5) minute drive. Kean College, 2 miles away. This is a great investment, not just real estate. Pictures will gladly be sent upon request.
Location: Elizabeth, NJ
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