1028 Sheridan Ave, Elizabeth City NJ 07208-3048

$1,040,000
Active
Elizabeth City
Bedrooms
8

About this home

**INVESTOR & OWNER-OCCUPANT OPPORTUNITY!** Welcome to 1028 Sheridan Avenue, a well-maintained and updated legal 4-family property featuring four spacious 2-bedroom, 1-bath apartments. Fully occupied and generating strong rental income, with the possibility of one unit being delivered vacant. The property also features an expansive finished attic offering additional bonus space with a bedroom, full bath and kitchenette. Additional highlights include two separate unfinished basements, coin-operated laundry, an oversized two-bay garage, plus two additional off-street parking spaces. Boilers and water heaters were replaced approximately two years ago, offering added peace of mind for the next owner. Updated interiors, excellent income potential and room for future growth make this an outstanding addition to any investment portfolio or an excellent opportunity for an owner-occupant looking to offset their mortgage with rental income. Conveniently located near major highways, shopping, dining, schools and transportation. **A rare opportunity to acquire a turnkey 4-family property in Elizabeth!**

Taxes & fees

Annual property tax
$13,465
Tax year
2025
Tax rate
2.017

Property details

Year Built
1927
Roof (*text)
Asphalt Shingle
Lot Size Area
0.10
MLS #
4047597

Features & amenities

Year Built (*numeric)
1927
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days on market
7
Basement (*text)
Yes
Cooling (*text)
Wall A/C Unit(s)
Garage spaces
2
Heating
4+ Units, Radiant - Hot Water
Lot dimensions
35X122.05
Property Location

40.68737, -74.20773

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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