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Back 612 Magnolia Ave
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612 Magnolia Ave

Elizabeth NJ 07206

6
4
0.06 ac.
Multi-Family
Currently for sale - view listing

Overview

Back on the market! Here?s another opportunity for you to own this income-producing two-unit property in the heart of Elizabeth offering strong rental potential and long-term value. This well-maintained property features a total of 6 bedrooms and 3.5 bathrooms across two spacious units, providing excellent flexibility for investors or owner-occupants seeking rental income.The property currently generates approximately $5,200 per month in rent, making it a compelling opportunity to expand a real estate portfolio or offset monthly housing expenses. A finished attic and finished basement provide additional living space and potential for extended use (buyer to verify all permitted uses).Conveniently located near major transportation routes, shopping, dining, and everyday amenities, the property offers strong appeal for tenants and easy access for commuters.Whether you are looking to generate consistent rental income or occupy one unit while renting the other, this versatile property presents an excellent opportunity in a high-demand market. Schedule your showing today to explore the income potential this property has to offer.

Features

6 bedrooms
4 bathrooms
0.06 ac. lot size
Multi-Family

Property history for 612 Magnolia Ave

2023
Sold
$645,219
10 Mar 2023 by ERNEST MAYNOR, of Keller Williams Park View Realty
2019
Sold
$150,000
19 Feb 2019

Happy sellers in Elizabeth

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We have insufficient information to provide an overview of customer satisfaction for Elizabeth. Viewing the agent profiles, reviews and sales for Elizabeth can provide insights for this location.

Local market activity for 6 bedroom multi families in Elizabeth

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Sales:
(619) 566-0008
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