$800,000
$799,900
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5 Beds
4 Baths
SOLD DATE : 09/15/2021
Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 210006513
Sold Date 09/15/21
Bedrooms 5
Full Baths 4
HOA Fees $2/mo
Annual Tax Amount $11,594
Tax Year 2020
Lot Dimensions 22.5 x 100
Property Description
Excellent investment opportunity only minutes from midtown NYC! Gross income of $65,354 to $100,056 per year. Legal 3 family located in the desirable Union Hill section of Union City. Just a short walk to the best skyline views of NYC. Full finished basement + massive back yard with garden and patio with concrete pavers. All units are large floor-thru apartments with lots of natural light, high ceilings, Eat In Kitchens and separate living rooms. 2nd and 3rd floor units are beautifully renovated 2 bedrooms, 1 bathrooms that are fully furnished month-to-month rentals. Tastefully furnished with luxury finishes and updated with modern conveniences including brand new dishwashers. Turnkey business opportunity with maintenance and management in place. Perfect for an investor. Also perfect for an owner-occupant: live in one unit and let the tenants pay your mortgage PLUS make a PROFIT! 1st floor unit is a 1 bedroom, 1 bathroom with a long-term tenant in place (with management responsibilities in lease). Separate utilities for each unit, common areas, and finished basement. 2nd Floor unit boasts a vintage faux fireplace mantle and walk-in pantry closet off kitchen. 3rd floor has extra hallway storage space. Finished basement has a full bathroom, kitchenette area, and 3 forms of egress. Building has a washer & dryer on 1st FL in separate common laundry room. Backyard is accessible to all tenants through this laundry room. 2nd and 3rd floor units can be delivered vacant (no tenants). Minutes away from grocery stores, cafes, restaurants, parks, bus lines, schools, and NYC transportation. Ideal location right next to City Hall. The property is located in an Opportunity Zone.
Location
State NJ
County Hudson
Area Union City
Rooms
Basement Finished, Full
Interior
Heating A/C Window, Baseboard, Gas, Hot Water
Cooling A/C Window, Baseboard, Gas, Hot Water
Exterior
Exterior Feature Aluminum/Vinyl, Brick
Garage None
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Bought with REAL BROKER LLC