Union City, NJ 07087,2015 SUMMIT AVE
Union City, NJ 07087,2015 SUMMIT AVE
Union City, NJ 07087,2015 SUMMIT AVE
Union City, NJ 07087,2015 SUMMIT AVE
Union City, NJ 07087,2015 SUMMIT AVE
Union City, NJ 07087,2015 SUMMIT AVE
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$999,999

$1,200,000

16.7%
Est.Price: ?

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Est. payment /mo

6 Baths


SOLD DATE : 06/02/2021

Key Details

Sold Price $999,999

Property Type Commercial

Sub Type Investment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 210009799

Sold Date 06/02/21

Full Baths 6

Annual Tax Amount $15,306

Lot Dimensions 4452 sqft

Property Sub-Type Investment

Property Description

LOCATION, LOCATION, LOCATION! Awesome income producing investment property. Cap rate is currently 7,7% with room to grow! Well established business with super on the premise. Fully rented with month to month leases. All new utilities. Amazing opportunity to own two established rooming houses in a same lot! NO RENT CONTROL since it is a boarding house!!! Two car parking in the front of the main building. The front buildings first floor has one 3 bedroom apartment with access to a full finished basement. The second floor of this building has 4 rental rooms. The rear building has one 2 bedroom apartment and 4 rental rooms and its second floor has two 1 bedroom apartments.

Location

State NJ

County Hudson

Area Union City

Exterior

Garage Spaces 2.0

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Listed by REMAX SELECT
Bought with REMAX SELECT
Steven Betancurth
Steven Betancurth

CEO | License ID: 1539846

+1(201) 834-7475 | steven@bregroupnj.com

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