$999,000
$1,150,000
13.1%For more information regarding the value of a property, please contact us for a free consultation.
7 Baths
SOLD DATE : 04/09/2021
Key Details
Sold Price $999,000
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 202004119
Sold Date 04/09/21
Full Baths 7
Annual Tax Amount $17,167
Lot Dimensions 2801
Property Sub-Type Investment
Property Description
PRIME OPPORTUNITY IN UP AND COMING UNION CITY. 7 UNIT BUILDING - FULLY RENTED - WITH SOLID INCOME, PRIME LOCATION AND EASY TO MANAGE. 7 LARGE UNITS PLUS BASEMENT LAUNDRY, STORAGE AND MULTIPLE PARKING SPACES. ON-SITE SUPER. AMAZING CORNER LOCATION, AROUND THE CORNER FROM BUS STOP, MINUTES TO NYC AND IN A HUB OF CURRENT AND FUTURE DEVELOPMENT. ALL UNITS CURRENTLY LEASED, WITH AVAILABLE UPSIDE IN RENTS. PARTIALLY RENOVATED, POTENTIAL TO IMPROVE FURTHER AND MAKE BOTH LONG AND SHORT TERM GAINS BY DEVELOPING THE BUILDING AS THE NEIGHBORHOOD CONTINUES TO GROW BY LEAPS AND BOUNDS AROUND IT. QUIET, HANDS-OFF INVESTMENT WITH INCREDIBLE POTENTIAL. VERY HARD TO SHOW, SAVVY INVESTORS ONLY, PLEASE READ FINANCIALS BEFORE INQUIRING - ONLY GROUP SHOWINGS ONLY AS AVAILABLE
Location
State NJ
County Hudson
Area Union City
Exterior
Garage Spaces 2.0
Read Less Info
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Bought with KELLER WILLIAMS TOWN LIFE