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5 Beds
3 Baths

$599,999

220 Inslee Pl, Elizabeth City NJ, 07206

Property typeMulti-family

Overview

Active

Listed Aug 26, 2026

Updated 3 days ago

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.

$3,992/mo

Est. mortgage payment based on a $599,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4048986

Interior Features

Bedrooms
5
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.06 Acres

Other Property Details

Taxes
$8,775
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of SERHANT NEW JERSEY LLC with ELIANE LONGHI, PAOLA BERMUDEZ
Listing Contact: 9733155959 

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