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USANJUnion City702 17Th St
702 17 Th St, Home with 0 bedrooms, 0 bathrooms and null parking in Union City NJ | Image 1
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$1,599,000

702 17 Th St, Union City, NJ

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Investment
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 4
Approx. Age 
MLS® Number 250018367

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Meticulously maintained, legal 8-family freestanding brick building located in the heart of Union City, right on highly desirable Central Avenue. This property sits on a 27 x 84 lot with full lot coverage, a brick & concrete façade, and has been kept fully up to date with all city requirements. The building is comprised of (3) three-bedroom apartments and (5) one-bedroom apartments, all with separate heat and electric, individual meters, and minimal occupants per unit, making for stable, long-term tenancy. Property also features a double garage with value-add potential to lease separately for additional income. Current cap rate is a true 6.5%, with further upside available. Excellent cash flow, low expenses, and prime location in one of Union City’s most sought-after rental markets make this an ideal investment opportunity. Financials available upon request. Serious inquiries only.Show Description
MLS® Number250018367
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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