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    500 Magnolia Ave

    Elizabeth City, NJ 07206
    • $1,599,000
    • STATUS: Active
    • ON SITE: 104 days
    • MLS #: 3704591
    UPDATED: 15 min ago
    $1,599,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Great Investment Opportunity!!! 500-502 Magnolia is a brick building, mixed use with 1 store and 7 residential apartments. Residential units consists of 3 - three bedroom apartments and 4 - two bedroom apartments. Separate utilities. 504-506 Magnolia is a 3750 sq. ft. warehouse. Brick building with bath and office/storage room. 12 ft ceilings. Warehouse is currently rented on a NNN Lease.

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    © 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Halo Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Halo Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-07-27T06:47:08.39.
    www.ryandelauz.com/homes/116078779
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    500 Magnolia Ave Elizabeth City, NJ 07206

    • Price: $1,599,000
    • Status: Active
    • Updated: 15 min ago
    • MLS #: 3704591
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1920
    Built
    County:
    Union
    Area:
    Elizabeth City
    Property Description
    Great Investment Opportunity!!! 500-502 Magnolia is a brick building, mixed use with 1 store and 7 residential apartments. Residential units consists of 3 - three bedroom apartments and 4 - two bedroom apartments. Separate utilities. 504-506 Magnolia is a 3750 sq. ft. warehouse. Brick building with bath and office/storage room. 12 ft ceilings. Warehouse is currently rented on a NNN Lease.
    Exterior Features

    Approximate Lot Size 100X71 Available Parking Spaces 0 Construction Brick/Block Exterior Description Brick/Block Location Residential Area Number Of Bays 1 Number Of Docks 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

    Interior Features

    Basement Yes Basement Description Bilco-Style Door Cooling 4+ Units Equipment Available See Remarks Heating 4+ Units Max Ceiling Height 15 Max Door Height 12 Number Of Doors 1 Number Of Lavatories 9 Office Sq Ft 0

    Property Features

    Expenses Include ElectricityInsuranceMaintenance - ExteriorMaintenance - InteriorTaxesTrashWater/Sewer For Sale Or Lease For Sale Fuel Type Electric Gross Operating Income 157200 Net Operating Income 110961 Primary Property Type Mixeduse Property Type Mixed Use Sale Includes Building & Land Sewer Public Sewer Suite Number 1 Tax Amount 32578 Tax Rate Amount 29.271 Tax Rate Year 2020 Tax Year 2020 Total Operating Expense 46239 Utilities Gas In Street Water Public Water Year Built Description Approximate Zoning 1

    Listing information © 2021 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Exit Realty Lucky Associates.


    © 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Halo Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Halo Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-07-27T06:47:08.39.
     
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    Halo Realty
    30 Knightsbridge Road, Suite 525
    Piscataway NJ, 08854