Properties

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.

Features

  • Heating System : See Remarks
  • Cooling System : See Remarks
  • Basement : Unfinished
  • Roof Deck : Asphalt Shingle
  • Parking Description: None, Off-Street Parking
  • Tax Assessed Valuation: 435100
  • Sewer: Public Available
  • Water: Public Water

Appliances

  • Utilities: See Remarks
  • Internet

Additional Info

  • Office Name: SERHANT NEW JERSEY LLC
  • Office MLS ID: 6081
  • Agent ID: 308741
  • Tax: 8775
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$599,999

220 Inslee Pl, Elizabeth City, *

  • SQFT 25 Acre
  • Bedroom 5

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5456325
  • Price: $599,999
  • Bedrooms: 5
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 0
  • Year Built Description: Unknown
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 49

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Union
  • City Elizabeth City
  • Zipcode *
  • Street: Inslee Pl
  • Street Number: 220
  • Street Direction: Use GPS.
  • Floor Number: 0
  • Longitude: W75° 49' 3.6''
  • Latitude: N40° 39' 17.8''
  • Internet Display Address: Yes
Property