NJ > Union City
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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Patrice Penda

Patrice Penda

+1(201) 907-2791
$1,200,000
Est. payment /mo
5.5 Baths
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UPDATED:

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 6.5% plus cap rate makes this opportunity much more than an average purchase. Building has remodel two apartments, hallways 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

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Listed by PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
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Patrice Penda

Patrice Penda

+1(201) 907-2791

REALTOR® | License ID: 2187041

REALTOR® License ID: 2187041

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