16
0
201 16TH ST
Union City, NJ 07087
Residential Multi Family (Other)
N/A Acres
0 Sqft Living Area
6 Bedrooms
3 Bathrooms (3 Full, 0 Half)
Year Built: N/A
$1,275,000
Favorites
Property Description
Introducing a prime investment opportunity in the heart of Union City on the corner of 16th and Manhattan Ave, this mixed-use building seamlessly blends commercial success with residential comfort. The ground floor boasts a thriving restaurant, Fork Hill Kitchen, providing a bustling atmosphere for patrons and ensuring a steady stream of income for investors. Upstairs, discover 3 updated and spacious 2 bedroom and 1 bath apartments, each designed for modern living. The apartments offer a perfect balance of style and functionality, attracting potential tenants seeking contemporary comforts. With separate gas and electric utilities for each unit, the new owner won't have to worry about unnecessary carrying costs. Recent upgrades include a two-year-old roof and two brand-new water heaters. This turnkey investment opportunity promises a lucrative return, combining a successful restaurant venture with updated residential spaces in a prime location. Investors looking for a diversified and profitable asset should seize this chance to capitalize on the thriving potential of this mixed-use gem.
Join The Conversation
Comments
Contact Details
Name: DEAN CLARK
Email: dean@deanclarkgroup.com
MLS Listing Id: 240000858
Agent Phone: (866) 201-6210
List Agent License: 0681077
Office Name: EXP REALTY LLC
Office Phone: (866) 201-6210
Office MLS Id: 2068
Listing Status: Active
Copyright © 2024 Hudson County Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
