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$945,000
Est. payment /mo
1.5 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260018154
Full Baths 1
Half Baths 1
Annual Tax Amount $9,650
Lot Dimensions 17x75
Property Sub-Type Investment
Property Description
A fantastic opportunity to own a mixed-use property in a prime location along Bergenline Avenue in the heart of Union City. The first floor features a well-established, bustling salon with a convenient half bathroom, providing an attractive commercial space in a highly trafficked area. The property also includes a full basement with bilco door access from both the front and rear, offering valuable additional storage and utility space. The second floor features a spacious two-bedroom residential apartment with a comfortable living room, eat-in kitchen, two generously sized bedrooms, and a full bathroom. With both commercial and residential income, this property presents an excellent investment opportunity with a reported annual net operating income of $62,564 and an attractive 6.62% cap rate.
Location
State NJ
County Hudson
Area Union City
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Listed by THE AGENCY - RUTHERFORD
NEARBY SCHOOL & BUSINESS
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