505 5th Street Active

Union City,NJ 07087

$ 899000

11 Beds

4 Baths

3150 SqFt


Key Details

Property Type Multi-Family

Sub Type Four Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,150 sqft

Price per Sqft $285

Municipality Union City (UNO)

MLS Listing ID 22501507

Bedrooms 11

Full Baths 4

Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)

Year Built 1900

Annual Tax Amount $15,728

Tax Year 2024

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 25 x 100

Property Sub-Type Four Family

Property Description

Discover a prime investment opportunity in the heart of Union City! This newly renovated 4-family property has 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 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 and currently vacant. All tenants are on month-to-month leases. This property is perfect for investors looking to expand their portfolio with a low-maintenance, high-return assets.

Location

State NJ

County Hudson

Area None

Direction 505 5th Street, Union City, NJ 07087

Rooms

Basement Full

Interior

Heating Baseboard

Cooling Other

Exterior

Parking Features On Street,None

Roof Type Flat

Garage No

Private Pool No

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 10-00016-0000-00007

View More
Favorite Go Tour