$689,000902 Grove StreetElizabeth, NJ, 07202

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RE/MAX COMPETITIVE EDGE

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Primary Features

  • Bathrooms: 3
  • Lot Size Square Feet: 3411 sqft.
  • Property Type: Commercial Sale
  • Property Sub Type: Commercial

Other Features

  • Flooring: Wood
  • Foundation Details: n/a
  • Heating: Baseboard Hotwater
  • Parking Features: n/a
  • Roof: Asphalt
  • Utilities: Electricity Connected, Natural Gas Connected
  • Electric: n/a

Location

  • Street Address: 902 Grove Street
  • City: Elizabeth
  • State: NJ
  • County: Union
  • Postal Code: 07202
  • Zoning: Mix

Pricing & Sale Info

  • List Price: $689,000
  • Tax Annual Amount: $11,829
  • MLS#: 2301496R
  • Last Change Timestamp: Sep 26, 2022
  • Source MLS: Central Jersey MLS

About This Property

Money Maker Mix Use Building. Cap Rate 6%. One Store & Two 2 Bedroom Apartments. Store Rent=$2800. Apt 1=$1000.Apt 2=$1000. Rents are much below market, should be increased. Tenants are month to month. Tenants pay all utilities except water & sewer. Great location only 15 minutes to train station.