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Listed by Jorge Aviles Prominent Properties Sotheby's International Realty-Englewood Cliffs
$1,200,000
Est. payment /mo
Price Dropped by $50K
1505 Summit AVE Union City, NJ 07087
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Key Details
Property Type Multi-Family, Commercial
Sub Type Res/Com Mixed
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25009141
Style Res/Com Mixed
Property Sub-Type Res/Com Mixed
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% plus cap rate makes this opportunity much more than an average purchase. Building has been remodeled, some units 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
