220 Inslee Pl,Elizabeth City, NJ 07206
Elizabeth City, NJ 07206
Description
Savvy investors and first-time buyers take note 220 Inslee Pl in Elizabeth City, NJ is the kind of multifamily opportunity that checks every box. Spanning nearly 20,000 square feet, this 5 bedroom, 3 bathroom multi-family property sits on a compact 0.06-acre footprint and delivers serious income-generating potential from day one.The layout is purpose-built for the house-hacker or portfolio builder occupy one unit while the rental income from the others helps offset your mortgage, building equity without stretching your budget. Separate utilities keep expenses clean and landlord responsibilities straightforward, a detail that experienced investors know to look for. A gas water heater rounds out the mechanical profile, keeping operating costs manageable.Location adds another layer of appeal situated close to major highways and transit options, the property draws from a broad pool of prospective tenants who value connectivity and convenience. The income potential positions this as a genuine wealth-building opportunity rather than just a place to live. Hardwood floors beneath the existing surfaces hint at the character waiting to be uncovered, and the private outdoor space provides a welcome retreat.Whether you are building your first rental portfolio or looking for an owner-occupied solution that helps offset your housing costs, 220 Inslee Pl presents a compelling opportunity.
Details
| MLS # | 4048986 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 0 |
| Days On Site | 45 |
| Listing Provided By | SERHANT NEW JERSEY LLC | ELIANE LONGHI |
Features
| Bath(s) | 3 Total |
|---|---|
| Basement | Y |
Taxes
| Property | 8775 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Union |
| City | Elizabeth City |
| Zip Code | 07206 |
| Area | Union |
| Listing VS Median (in 07206) | |
Price: $599,999 low | high Med: $3,300 On site: 45 low | high Med: 9 | |
Market Activity 07206
Request a showing
Request a showing
Contact
Learn More About This Property
| State | NJ |
|---|---|
| County | Union |
| City | Elizabeth City |
| Zip Code | 07206 |
| Area | Union |
| Listing VS Median (in 07206) | |
Price: $599,999 low | high Med: $3,300 On site: 45 low | high Med: 9 | |
