503 Franklin St, Elizabeth City, NJ 07206

• 5 beds |
• 4 baths

Property Description

THE HOUSE IS ONLY PART OF THE OPPORTUNITY AT 503-505 FRANKLIN ST. THIS TWO-FAMILY SITS ON A DOUBLE LOT AND OFFERS A 3-CAR GARAGE PLUS APPROXIMATELY 6 ADDITIONAL PARKING SPACES, WITH THE GARAGES AND PARKING CURRENTLY PROVIDING ADDITIONAL INCOME. EACH UNIT FEATURES 2 BEDROOMS, 1 FULL BATH, AND GENEROUS LIVING SPACE, WHILE BONUS SPACE ON THE THIRD FLOOR AND A PARTIALLY FINISHED BASEMENT PROVIDE ADDITIONAL FLEXIBILITY. THE FIRST-FLOOR UNIT IS VACANT, WHILE THE SECOND-FLOOR TENANCY IS EXPECTED TO BE MONTH-TO-MONTH BEGINNING NEXT MONTH. INSIDE, YOU'LL FIND HARDWOOD FLOORS, SPACIOUS ROOMS, AND AN UPDATED KITCHEN WITH STAINLESS-STEEL APPLIANCES. OUTSIDE, A LARGE PAVED AREA, FRONT PORCH, 3-CAR GARAGE, AND EXTENSIVE OFF-STREET PARKING HELP SET THIS PROPERTY APART. WITH TWO RESIDENTIAL UNITS PLUS EXISTING GARAGE AND PARKING INCOME, 503-505 FRANKLIN ST OFFERS MULTIPLE INCOME SOURCES IN ONE PROPERTY.

Listing Status:

Active

Data Last Updated:

October 5, 2026 at 4:40AM

Listing Office:

RE/MAX FIRST REALTY II : 908-664-1500

MLS ID:

4055160

Interior

• Basement: Finished-Partially
• A/C: None
• Heating: 2 UnitsGas-Natural

Exterior

• General: Aluminum Siding
• Parking: Parking spaces: 6

Construction

• Roofing: Asphalt Shingle

Location

• County: Union

Lot

• Driveway: 1 Car WidthBlacktopDriveway-Exclusive
• Zoning: 2904-00660-0000-00029-0000-

Utilities

• Utilities: Gas In StreetGas-Natural
• Water: Public Water
• Sewer: Public Sewer