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Listed by Kyu O. Chon RE/MAX NOW - Palisades Park
$ 1,599,000
Est. payment | /mo
$ 1,599,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type 5+Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26038133
Style 5+Family
Property Sub-Type 5+Family
Property Description
Rare 8-unit multifamily investment opportunity in Union City! This legal 8-family building offers six 1-bedroom and two 3-bedroom apartments across approximately 4,790 sq ft on a 2,500 sq ft lot, with separate utilities for easy management. The units have been nicely updated with renovated kitchens featuring granite or quartz countertops, wood or white shaker cabinetry, stainless steel microwaves and gas cooking, plus gleaming hardwood floors, recessed lighting and tiled bathrooms with glass-enclosed showers. Located on a residential block close to Bergenline Avenue shopping and dining and convenient to public transportation into Manhattan, the property benefits from strong, steady rental demand. An ideal turnkey addition for portfolio investors and 1031 exchange buyers. Contact the listing agent for rent roll, operating expenses and additional details.
Location
State NJ
County Hudson
Nearby Locations
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