821 Martin St Elizabeth City, NJ $ 1,100,000
821 Martin St
$ 1,100,000
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821 Martin St

Elizabeth City, NJ, 07201
$ 1,100,000
Baths0.6

Monthly Estimate*

$ 7,311

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Studio Commercial Property for sale in Elizabeth City, NJ for $1,100,000 with 6 half baths. This building was built in 1971 on a lot size of 0.21.

Don't miss out on the opportunity to own a six-unit apartment building in prime real estate ELIZABETH! Built in 1971, this property features maintenance-free, all-solid brick exterior, and likewise low maintenance all electric heating (baseboard and water heater). Tenants in each unit are responsible for their own electricity expenses, facilitating accurate property management. The building consists of four three-bedroom units, one two-bedroom unit, and a generously-sized four-bedroom unit, all currently occupied by long-standing tenants. Additionally, each unit comes with assigned parking, and there are two extra parking spots available for additional rental income. Whether you're a seasoned investor or new to the game, this property promises strong rental demand and steady cashflow. Moreover, its prime location offers convenient access to shopping centers, major highways, and schools.

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Commercial Active

Price

$ 1,100,000

Bedrooms

Studio

Half Bath

6

Property Type

Commercial

Taxes

$ 20,469

Style

Apartment Complex

Lot Size

0.21

Year Built

1971

Town/City

Elizabeth City

County/Region

UNION

MLS | Web ID

3896031

Features
General
Sewer Public Sewer
Construction Brick/Block
Heating Baseboard - Electric
Cooling Window A/C(s)
Utilities All Underground Electric
Possession at closing
Roof Asphalt Shingle
Zoning Residential
Garage Spaces 8
Year Built 1971
Tenant Pays Cable T.V. Electric
Township Elizabeth City
Property Type Apartment Complex Apartment Complex
Tax Year 2023
Percent Ownership Fee Simple
Location Residential Area
Lease Information Month-To-Month
County Union
Status Active
Directions East Jersey to Division St to Martin St
Total Units 6
Street Name Martin St
Tax Annual Amount 20469
Drive 1 Car Width Assigned Blacktop
Leasable Area 0
Days on Market 17
Standard Status Active
Tax Assessed Value 65000
Town # 2904
Tax Lot 34
Farm Assessment No
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Interior
Basement French Drain Unfinished
Flooring Carpeting Parquet Tile Wood
Fuel Type Electric
Total Stories 2
Half Baths 6
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Exterior
Water Source Public Water
Exterior Description Brick/Block
Building Area Total 0
Lot Dimensions 75X124
Lot Size Acres 0.21
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* Excluded Features
List By
ANA DEBORAH OFSIEVICH

Listing Agent

Keller Williams Realty

Broker

deborahofsievich@kw.com

Email

Affordability Calculator

$9,017
Per Month
81%
19%
0%
Monthly Principal & Interest
$7,311
Monthly Property Taxes
$1,706
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2024$1,100,000 Listed Price

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821 Martin St, Elizabeth City, NJ, 07201 is a Commercial Property for sale at $1,100,000 with a lot size of 0.21. 821 Martin St is a studio with 0.6 baths and was built in 1971. The property's zip code is 07201 which is in Elizabeth City, NJ