Explore a prime investment opportunity at 643 Elizabeth Ave! This mixed-use property features a thriving dental office on the first unit along with a separate entrance to the finished basement, and a residential 2 bed 2 bath apartment spanning the spacious second and third levels. Residential tenant is on a month to month lease while the dental office is on a long term lease, offering both opportunity and long term security. Situated on strategic location near transportation, shops, and dining, this property is tailor-made for astute investors seeking a profitable addition to their portfolio.

Approximate Lot Size 25X100 Exterior Description Cinder BlockVinyl Siding Exterior Features DeckPatioSidewalk Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt ShingleFlat

Basement Yes Basement Description FinishedFull Cooling Central AirWindow A/C(s) Heating 2 UnitsBaseboard - Hotwater Interior Features Carbon Monoxide DetectorFire ExtinguisherSmoke DetectorWood Floors Total Number Of Rooms 13 Unit1 Appliances Equipment Carbon Monoxide DetectorSmoke DetectorSump Pump Unit1 Baths 1.0 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description See Remarks Unit1 Rooms 7 Unit1 Security Deposit 9999 Unit1 Sq Ft 1213 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 2.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsDining RoomEat-In KitchenLiving RoomMaster BedroomSee Remarks Unit2 Rooms 6 Unit2 Sq Ft 1326

Assessment Total 500700 Building Assessment 275700 Easement No Exclusions Businessoffice equipment and tenant personal items. Expenses Include ElectricGasSee RemarksTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 64800 Land Assessment 225000 Net Operating Income 47186 Sewer Public Sewer Tax Amount 10134 Tax Rate Amount 31.430 Tax Rate Year 2023 Tax Year 2024 Total Operating Expense 17614 Unit Style 3-Three Story Unit1 Lease Expiration 2041-06-30 Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 3000 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays WaterTenant Pays Heat Unit2 Rent 2400 Unit2 Security Deposit 1100 Water Public Water Year Built Description Approximate Zoning COM

© 2024 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 Team Gio | RE/MAX Central. 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 Team Gio | RE/MAX Central 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 2024-12-07T23:46:51.977.

643 Elizabeth Ave

Description

School Ratings & Info

Description

Monthly Payment Calculator

643 Elizabeth Ave Elizabeth City, NJ 07206

Property Description

Approximate Lot Size	25X100
Exterior Description	Cinder Block Vinyl Siding
Exterior Features	Deck Patio Sidewalk
Number Of Parking Spaces	0
Parking Driveway Description	On-Street Parking
Roof Description	Asphalt Shingle Flat

Basement	Yes
Basement Description	Finished Full
Cooling	Central Air Window A/C(s)
Heating	2 Units Baseboard - Hotwater
Interior Features	Carbon Monoxide Detector Fire Extinguisher Smoke Detector Wood Floors
Total Number Of Rooms	13
Unit1 Appliances Equipment	Carbon Monoxide Detector Smoke Detector Sump Pump
Unit1 Baths	1.0
Unit1 Bedrooms	0
Unit1 Fireplaces	0
Unit1 Handicap Modified	No
Unit1 Levels	1
Unit1 Room Description	See Remarks
Unit1 Rooms	7
Unit1 Security Deposit	9999
Unit1 Sq Ft	1213
Unit2 Appliances Equipment	Carbon Monoxide Detector Range/Oven - Gas Refrigerator Smoke Detector
Unit2 Baths	2.0
Unit2 Bedrooms	2
Unit2 Fireplaces	0
Unit2 Levels	2
Unit2 Room Description	Bedrooms Dining Room Eat-In Kitchen Living Room Master Bedroom See Remarks
Unit2 Rooms	6
Unit2 Sq Ft	1326

Assessment Total	500700
Building Assessment	275700
Easement	No
Exclusions	Business office equipment and tenant personal items.
Expenses Include	Electric Gas See Remarks Taxes
Fha Age Restricted	No
Fuel Type	Gas-Natural
Gross Operating Income	64800
Land Assessment	225000
Net Operating Income	47186
Sewer	Public Sewer
Tax Amount	10134
Tax Rate Amount	31.430
Tax Rate Year	2023
Tax Year	2024
Total Operating Expense	17614
Unit Style	3-Three Story
Unit1 Lease Expiration	2041-06-30
Unit1 Owner Tenant Pays	Owner Pays Water Tenant Pays Electric Tenant Pays Gas Tenant Pays Heat
Unit1 Rent	3000
Unit2 Handicap Modified	No
Unit2 Owner Tenant Pays	Owner Pays Electric Owner Pays Gas Owner Pays Water Tenant Pays Heat
Unit2 Rent	2400
Unit2 Security Deposit	1100
Water	Public Water
Year Built Description	Approximate
Zoning	COM