Union City, NJ 07087,1505 SUMMIT AVE
Union City, NJ 07087,1505 SUMMIT AVE
Union City, NJ 07087,1505 SUMMIT AVE
Union City, NJ 07087,1505 SUMMIT AVE
Union City, NJ 07087,1505 SUMMIT AVE
Union City, NJ 07087,1505 SUMMIT AVE
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$ 1,250,000
Est. payment | /mo

5.5 Baths


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$ 1,250,000
Est. payment | /mo
Save

5.5 Baths

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250006085

Full Baths 5

Half Baths 1

Annual Tax Amount $15,306

Property Sub-Type Investment

Property Description

Great opportunity to acquire a desirable 6 unit asset. Composed of one bedroom and two bedroom units adds great value in gross rents, with low expenses yielding a 6% plus cap rate makes this opportunity much more than an average purchase. Building has been remodeled, some units  and has updated utilities, well maintained water heaters and boilers. Near public transportation to NY, highways, schools, shopping, parks and restaurants.

Location

State NJ

County Hudson

Area Union City

Listed by PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
advisor-avatar

+1(732) 634-9100

jjelekrealty@jjelekrealty.com

117 Main Street, United States

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