For Multi Family

313 Washington Ave,Elizabeth City, NJ 07202-3316

January 15, 2026

Turnkey investment opportunity! This beautifully renovated 2-family home is ideally located just steps from the main street, surrounded by commercial stores, dining, and minutes from the hospital an excellent rental location. Fully renovated in June 2024 from top to bottom, this property features modern finishes throughout. Each unit offers an open-concept kitchen with contemporary touches, 3 spacious bedrooms, 1 full bathroom, a bright and airy living room, and the convenience of in-unit washer and dryer. Enjoy a private patio perfect for summer relaxation. The second-floor walkable attic offers outstanding potential to add value by finishing for additional living space. Current tenants in place, providing immediate rental income. A rare opportunity to own a move-in-ready, income-producing property with upside potential!

Property ID:PT-24484233-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 875,000 $

Bedrooms:6

Year Built:9999

Listing Details

Status: Active

Location

County: Union

Lotsize: 25X100

Lot Identifier: 16

Home Details

Open Parking: 0

Basement: Yes

Renovated: 2024

Basmnt/Desc: Yes - Unfinished, Walkout

Acreage: 0.06

Total Baths: 2.00

Unit Style: 2-Two Story

Number of Units: 2

Rooms: 12

Easement/Desc: No

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: POT

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Dryer, Range/Oven - Gas, Refrigerator, Washer

Unit 1 Levels: 1

Unit 1 Rooms: 5

Unit 1 Beds: 3

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 Lease Expire: 2026-10-31

Unit 1 Rent: 2600

Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living/Dining Room

Unit 1 Security Deposit: 99999

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Dryer, Range/Oven - Gas, Refrigerator, Washer

Unit 2 Levels: 2

Unit 2 Rooms: 5

Unit 2 Beds: 3

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 Rent: 2600

Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living/Dining Room

Unit 2 Security Deposit: 99999

Block Identifier: 425

County Number: 29

Town Number: 2904

Easement: No

Parking/Driveway Description: On-Street Parking

Block Identifier: 425

County Number: 29

Town Number: 2904

Possession: POT

Taxes, Fees & Assessments

Gross Operating Income: 99999

Net Operating Income: 9999

Tax ID For Property: 2904-00425-0000-00016-0000-

Tax Amount: $9,960.00

Tax Year: 2024

Tax Rate: 1.924%

Tax Rate Year: 2025

Land Assessment: $152,500.00

Building Assessment: $365,200.00

Total Assessment: $517,700.00

FHA Age Restricted: No

Utilities

Water Heater: Gas

Heat Source: Gas-Natural

Heat System: Baseboard - Hotwater, Forced Hot Air

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Gas-Natural

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Listing Details

313 Washington Ave,Elizabeth City, NJ 07202-3316

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