1408 Lexington Pl Elizabeth, NJ 07208

Building Details

Year Built

1928

Listing Agency C***@voxrg.com

Listed by CINTIA D URSO

Source Elliman

Added: Mar 10 Checked: Jul 17 at 6:29 am

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Investment Insights

Based on property information with market context.

This four-family property is located in Elizabeth and features a three-bedroom, one-bathroom unit, two two-bedroom, one-bathroom units, and a one-bedroom, one-bathroom unit. The property includes a finished attic with a bathroom and kitchenette, as well as a finished basement with a full bathroom and kitchenette. It is located near major transportation options, shopping, and schools, with an easy commute to New York City. The property is also close to Newark Airport, Route 22, Routes 1 and 9, the Garden State Parkway, and the New Jersey Turnpike. This property presents an opportunity for investors seeking cash flow or for an owner-occupant to live in one unit and collect rent from the others.

Key Highlights

• Strong rental income potential from four units.
• Finished attic with bath and kitchenette provides additional flexibility.
• Finished basement with full bath and kitchenette adds extra living space.

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FAQs

What type of property is this?

Quadplex - Four units with income potential near transportation and amenities.

Where is this quadplex located?

The property is located at 1408 Lexington Pl Elizabeth, NJ.

What is the asking price?

The asking price for this property is $899,999.

What are key features of this property?

This property features: Strong rental income potential from four units.; Finished attic with bath and kitchenette provides additional flexibility.; Finished basement with full bath and kitchenette adds extra living space.