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505 5Th St
Union City, NJ 07087-2833

Residential Multi Family (Other)

0.06 Acres
0 Sqft Living Area

11 Bedrooms

4 Bathrooms (4 Full, 0 Half)

Year Built: N/A

$899,000

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Property Description

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.

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Contact Details

Name: MICHAEL SCLAFANI

Email: N/A

MLS Listing Id: 3912853

Agent Phone: N/A

List Agent License:

Office Name: RE/MAX CENTRAL

Office Phone: (732) 972-1000

Office MLS Id: 2764

Listing Status: Active

Listing URL: https://www.realtor.com/realestateandhomes-detail/505-5th-St_Union-City_NJ_07087_M98425-81999?f=listhub&s=GSMLSNJ&m=3912853&c=openhousinc

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