Skip To Content

244 Franklin St

Elizabeth City, NJ 07206
  • $649,999
  • STATUS: Active
  • ON SITE: 51 Days
  • MLS #: 3952866
UPDATED: 49 min ago
$649,999
  • 6
    BEDS
  • 0.07
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

Fantastic investment opportunity! This fully renovated multifamily property is perfectly situated in a rapidly growing, up-and-coming neighborhood. Featuring strong rental potential and steady income, this property is ideal for both investors and owner-occupants. Enjoy energy savings with solar panels, which are fully transferable to the new owner. Conveniently located near public transportation and major highways, ensuring high tenant demand. Don't miss your chance to invest in this thriving community opportunities like this don't last long!

Monthly Payment Calculator



Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-05-16T12:47:08.52.
www.baerhomes.com/homes/161877033
Print Image

244 Franklin St Elizabeth City, NJ 07206

  • Price: $649,999
  • Status: Active
  • On Site: 51 Days
  • Updated: 49 min ago
  • MLS #: 3952866
6
Beds
3
Baths
0
½ Baths
0.07
Acres
County:
Union
Area:
Elizabeth City
Property Description
Fantastic investment opportunity! This fully renovated multifamily property is perfectly situated in a rapidly growing, up-and-coming neighborhood. Featuring strong rental potential and steady income, this property is ideal for both investors and owner-occupants. Enjoy energy savings with solar panels, which are fully transferable to the new owner. Conveniently located near public transportation and major highways, ensuring high tenant demand. Don't miss your chance to invest in this thriving community opportunities like this don't last long!
Exterior Features

Approximate Lot Size 29X100 Exterior Description Aluminum Siding Exterior Features CurbsMetal FenceOpen Porch(es)SidewalkWood Fence Lot Description Level Lot Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullUnfinished Cooling Central Air Heating Forced Hot Air Interior Features Smoke DetectorWalk-In ClosetWood Floors Total Number Of Rooms 11 Unit1 Appliances Equipment Ceiling Fan(s)DishwasherMicrowave OvenRange/Oven - GasRefrigerator Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomEat-In KitchenKitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 2175 Unit1 Sq Ft 9999 Unit2 Appliances Equipment Ceiling Fan(s)DryerRange/Oven - GasRefrigeratorWasher Unit2 Baths 2.0 Unit2 Bedrooms 4 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDining RoomEat-In KitchenKitchenLiving RoomPorch Unit2 Rooms 6 Unit2 Sq Ft 9999

Property Features

Assessment Total 436000 Building Assessment 302300 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 999 Land Assessment 133700 Net Operating Income 999 Renovated Year 2005 Sewer Public Available Tax Amount 8388 Tax Rate Amount 1.924 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 999 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1575 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 3000 Unit2 Security Deposit 3600 Utilities Gas-Natural Water Public Water Year Built Description Renovated

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Signature Realty Nj: 201-704-7048.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-05-16T12:47:08.52.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_2_3952866-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_2_3952866-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_2_3952866-2.jpg
Logo
Corcoran Baer & McIntosh
97 South Broadway
South Nyack NY, 10960