443-445 Jackson Ave, Elizabeth, NJ 07201

Newly renovated 5 unit mixed-use property with fenced in driveway. There are two corner stores both leased at $1500 each with a renewal of $1575 when lease ends. There is a 5 bedroom apartment currently leased at $2400. There is a 4 bedroom apartment that is currently vacant that will be rented out for $2100 and a heated storage office that is vacant, but will be rented out for $1000. The Gross Operating Annual Income is $102,000. The Net Operating Annual Income is $44,400 including Principal, Interest, Taxes, Insurance, Water, Vacancy Rate & Managerial Expenses. This will not last, so we are only looking for specific buyers.