$920,000
Closed

620 Maple Avenue

Elizabeth, NJ 07202
10 beds | 4 baths | 0.23 acres | #22300751
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Welcome to 620-626 Maple Avenue. This family owned and occupied beautiful brick building contains 4-Units and was once owned by the pre-prohibition era Rising Sun Brewing Co. which operated from 1887 to 1920.
This building is located on an oversized lot in the Bayway section of Elizabeth, New Jersey.
This spacious 4-Family home is perfect for investors or owner-occupants looking to generate rental income.
The first floor of the home has two units, each with a Kitchen, Living Room, 2 Bedrooms, and Full Bathroom. The units are similar in layout and feature open floor plans.

The second floor is where another two units are located. Both units are identical in layout and feature a Kitchen, Living Room, 3 Bedrooms and a Full Bath. Between both units is a long storage hallway that stretches the entirety of the building. Use this space for possible separation between current bedroom layout.
The home also has a full, unfinished basement with high ceilings, providing ample storage space or the opportunity to add additional living space.
The lot comes with its own driveway where there are 4 Detached Garages and ample space for multiple cars to be parked right on the property.
This Multi-Family also features a large yard on the opposite side of the driveway which provides the potential possibility to develop another 2-3 Family Dwelling to create additional opportunity/income.
620-626 Maple Avenue is located in a great location, with easy access to public transportation and major roadways. This Multi-Family is just a short distance from the Ports and access to the Goethals Bridge. Don't miss this opportunity to own this income-generating property.

    Location

    Manal ElalfyReal Estate Group