Investment Opportunity: Spacious Two-Family Home with Development Potential Explore the possibilities with this exceptional two-family property located in a desirable neighborhood. Whether you're looking for a steady rental income or an opportunity to expand, this property offers both. Property Features: First Floor: Welcoming 3-bedroom unit Second Floor: Cozy 2-bedroom unit Additional Rear House: Charming 2-bedroom, 1.5-bath residence Utilities: Each tenant pays their own, ensuring low management costs Basement: Includes 2 bonus rooms with laundry facilities Situated on a spacious double lot, providing ample outdoor space and potential for future development Additional lot is approve
Located minutes away from public transportations, Garden State Parkway entrance, shopping entertainment a short drive to Staten Island and NYC 693 Elizabeth st is an investors delight. 50x100 lot can be subdivided and another 1 family dwelling can be constructed! Or you can leave it as is and rent out parking spaces to increase rent roll! Well kept legal 2 family with 4 garages! Currently occupied with long standing cooperative tenants- although they would like to stay vacancy is possible. Total rent roll is 4850/month with room for increasing. 1st floor is currently rented as a duplex with the basement with a total of 2 bedrooms 1 bathroom on the 1st floor and 2 additional rooms and 1 bath
Bring your remodeling ideas to this 2 bedroom one full bath ranch, with front porch, large eat in kitchen, formal dining room, full bath with tub/shower, full unfinished basement with bilco doors to yard. . Full walk up attic, entrance in 2nd bedroom. . Large yard and detached garage used for storage. Needs updating. . Furnace and HWH are newer. Just 2 blocks to the River park , benches/tables great water views and park, boat ramp, fishing, kayaking etc. ..
A three-family home with a renovated two bedroom apartment upstairs and two one bedroom apartments downstairs. Good investment property to generate passive income. New Chimney, new hot-water heater on the 2nd floor, all mechanicals on second floor have been replaced. One bedroom units are rented for under market value - can easily get an additional $300 a month out of each. Long term tenants.