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    555 Court St

    Elizabeth City, NJ 07206
    • $548,888
    • STATUS: Active
    • ON SITE: 22 days
    • MLS #: 3699483
    UPDATED: 51 min ago
    $548,888
    • 12
      BEDS
    • 0.11
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 4,312
      SQFT
    • $127
      $/SQFT
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Ratings & Info

    Description

    Great investment opportunity - Fully rented 4 family property with additional rental income from the driveway and garage. Estimate 6% cap rate. Each unit has newer kitchens and appliance - 4 new boilers and 2 new water heaters. Close to shopping the airport and transportation

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    © 2021 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 2021-04-13T22:47:30.38.
    www.baerhomes.com/homes/115358976
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    555 Court St Elizabeth City, NJ 07206

    • Price: $548,888
    • Status: Active
    • Updated: 51 min ago
    • MLS #: 3699483
    12
    Beds
    4
    Baths
    0
    ½ Baths
    0.11
    Acres
    4,312
    SQFT
    $127
    $/SQFT
    1910
    Built
    County:
    Union
    Area:
    Elizabeth City
    Property Description
    Great investment opportunity - Fully rented 4 family property with additional rental income from the driveway and garage. Estimate 6% cap rate. Each unit has newer kitchens and appliance - 4 new boilers and 2 new water heaters. Close to shopping the airport and transportation
    Exterior Features

    Approximate Lot Size 50X100 Exterior Description Stucco Garage Description Detached Garage Number Of Parking Spaces 4 Parking Driveway Description 1 Car WidthAdditional ParkingBlacktop Roof Description Flat

    Interior Features

    Basement Yes Basement Description Full Cooling Window A/C(S) Heating 4+ UnitsBaseboard - Cast Iron Total Number Of Rooms 20 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving/Dining Room Unit1 Rooms 5 Unit1 Security Deposit 1050 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenFamily RoomLiving/Dining Room Unit2 Rooms 5 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenLiving Room Unit3 Rooms 5 Unit3 Sq Ft 0 Unit4 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit4 Baths 1.0 Unit4 Bedrooms 3 Unit4 Fireplaces 0 Unit4 Levels 1 Unit4 Room Description BedroomsEat-In KitchenLiving Room Unit4 Rooms 5 Unit4 Sq Ft 0

    Property Features

    Assessment Total 41000 Building Assessment 32000 Easement No Exclusions Tenants Personal Belongings Expenses Include Cold WaterInsuranceMaintenanceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 57600 Land Assessment 9000 Net Operating Income 32708 Services Cable TvGarbage Included Sewer Public Sewer Tax Amount 12001 Tax Rate Amount 29.271 Tax Rate Year 2020 Tax Year 2020 Total Operating Expense 23740 Unit Style Fourplex Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1050 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1150 Unit2 Security Deposit 1150 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1150 Unit3 Security Deposit 1150 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 1150 Unit4 Security Deposit 1150 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

    Listing information © 2021 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Prominent Properties Sir.


    © 2021 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 2021-04-13T22:47:30.38.
     
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