Properties

Description

Attention savvy buyers and investors! This is your rare opportunity to own a powerhouse income-generating property right in the heart of Elizabeth's highly coveted Elmora neighborhood. Perfectly positioned for maximum rental demand, this standout two-family home delivers incredible value, cash flow potential, and long-term appreciation at an unbeatable price point. The property features two spacious, light-filled units, each boasting a comfortable 3-bedroom, 1-bathroom layout. Adding massive value to the building is a versatile basement complete with its own full bathroom, offering excellent flexibility. Commuters will absolutely love the unbeatable location, situated just moments from easy NYC transportation, making transit a breeze. Nestled near highly regarded local schools, shopping, and dining, this property is positioned in a vibrant, high-demand rental market.Whether you want to add a premier multi-family asset to your investment portfolio or live in one unit while letting the other pay your mortgage, this is a rare opportunity to build long-term wealth at an incredible price point. Opportunities like this in Elmora do not last long-schedule your tour today and secure your next great investment before it's gone!

Features

  • Heating System : Baseboard - Electric, 2 Units
  • Cooling System : Window A/c(s)
  • Basement : Full, Finished
  • Roof Deck : Asphalt Shingle
  • Parking : 6
  • Parking Description: 2 Car Width, Driveway-Exclusive, See Remarks
  • Tax Assessed Valuation: 525000
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: All Underground

Additional Info

  • Office Name: KELLER WILLIAMS REALTY
  • Office MLS ID: 2822
  • Agent ID: 393672
  • Tax: 10589
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: Multi-Family

Multi-Family For Sale

For Sale
$780,000

415 Magie Ave, Elizabeth City

  • SQFT 35 Acre
  • Bedroom 6
  • Built Year 1915

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5446310
  • Price: $780,000
  • Bedrooms: 6
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1915
  • Year Built Description: Approximate
  • Lot Area: 35 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Union
  • City Elizabeth City
  • Subdivision: Elmora
  • Street: Magie Ave
  • Street Number: 415
  • Street Direction: Westfield Ave to Magie Ave.
  • Floor Number: 0
  • Longitude: W75° 46' 15.3''
  • Latitude: N40° 40' 0.9''
  • Internet Display Address: No
Property