Excellent opportunity for those seeking a value-add renovation project. This spacious 2-family home in Elizabeth offers tremendous potential and requires repairs and updating throughout. Featuring separate units, the property presents an ideal opportunity for rental income or owner-occupancy after renovations are completed. Conveniently located near major transportation routes, shopping, schools, parks, and other local amenities. Bring your vision and unlock the full potential of this property. Buyer is responsible for Certificate of Occupancy & Fire Certificate, or all inspections required to close. Only brokers who are approved by the U.S. Department of Housing and Urban Development (HUD) and their registered agents are eligible to submit bids. Eligible for FHA 203K financing. Eligible for $100 Down program. During the 5-day Exclusive Bidding Period. Only owner occupants are eligible to submit bids.
557 Magnolia Ave, Elizabeth City NJ 07206-1406
Property City
Elizabeth City
Property Price
$375,000
Bedrooms
4
Year Built
1923
Tax Annual Amount
$8243
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.06
MLS Status
Active
MLS #
4036141
Yearly Tax Rate
2.017
Year Built (*numeric)
1923
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
2
Basement (*text)
Yes
Cooling (*text)
None
Heating
1 Unit, Radiators - Hot Water
Lot Size Dimensions
25X100
Data import from
GSMLS