220 Inslee Pl
Property 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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $599,999 |
| No. of Units: | 2 |
| Opportunity Zone: | No |
| Price per unit: | $300,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 3 |
ID: 3yd-GSMLSNJ-4048986
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