Description
505 5th St,
Union City,
NJ
07087
Discover a prime investment opportunity in the heart of Union City! This newly renovated 4-family property is fully occupied and boasts a modern design with updated amenities, ensuring a steady and reliable rental income. Property highlights include updated kitchens and bathrooms in all units, providing a fresh and contemporary living space. All four units are currently rented, guaranteeing immediate income for the new owner. Split utilities, so tenants are responsible for their own utilities, reducing overhead costs for the landlord. Three apartments are large spacious 3 bedrooms, 1 bathroom units. One apartment is 2 bedrooms, 1 bathroom. This property is perfect for investors looking to expand their portfolio with a low-maintenance, high-return asset. Located in a desirable area of Union City, tenants will enjoy easy access to NYC, public transportation, schools, shopping, and dining. Don't miss out on this exceptional investment opportunity.
This is an Active listing.
Broker Office Phone Number: 732-972-1000
Copyright © 2024Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: RE/MAX CENTRAL via Data Source: Garden State MLS, LLC
Multi Family
Property type
Price History
date | price | variance | type |
---|
8/22/2024 | $899,000 | - | off market |
7/11/2024 | $899,000 | - | Listed |