Property
Ownership: | Mixed Use |
---|---|
Type: | Brownstone |
Bedrooms: | 2 BR |
Pets: | Pets Unknown |
Area: | 5000 sq ft |
Lot Size: | 2500 sq ft |
FinancialsPrice:$524,999Annual Taxes:$13,263
DescriptionGreat opportunity to invest in a mixed use property in a developing Union City. Corner building, all brick. Located on a busy intersection of Bergenline Ave and 5th.
1st floor: Commercial space, currently vacant. Potential rent $2,000/month.
2nd floor: 2BR+balcony apt. Rent $1,800/month.
4 parking spots. Rented for $600/month.
Expenses:
Tax ($13,263/yr), Insurance ($4,000/yr), Water/Sewer ($2,000)
Cap rate: 6.2%
Amenities- Basement
- corner-apartment
- Deck
- Garage
NeighborhoodMore listings:
Great opportunity to invest in a mixed use property in a developing Union City. Corner building, all brick. Located on a busy intersection of Bergenline Ave and 5th.
1st floor: Commercial space, currently vacant. Potential rent $2,000/month.
2nd floor: 2BR+balcony apt. Rent $1,800/month.
4 parking spots. Rented for $600/month.
Expenses:
Tax ($13,263/yr), Insurance ($4,000/yr), Water/Sewer ($2,000)
Cap rate: 6.2%
- Basement
- corner-apartment
- Deck
- Garage
NeighborhoodMore listings:
Corner Retail + 1 family on busy intersection, Union City NJ
DescriptionGreat opportunity to invest in a mixed use property in a developing Union City. Corner building, all brick. Located on a busy intersection of Bergenline Ave and 5th.
1st floor: Commercial space, currently vacant. Potential rent $2,000/month.
2nd floor: 2BR+balcony apt. Rent $1,800/month.
4 parking spots. Rented for $600/month.
Expenses:
Tax ($13,263/yr), Insurance ($4,000/yr), Water/Sewer ($2,000)
Cap rate: 6.2%
Amenities- Basement
- corner-apartment
- Deck
- Garage
NeighborhoodMore listings:
Great opportunity to invest in a mixed use property in a developing Union City. Corner building, all brick. Located on a busy intersection of Bergenline Ave and 5th.
1st floor: Commercial space, currently vacant. Potential rent $2,000/month.
2nd floor: 2BR+balcony apt. Rent $1,800/month.
4 parking spots. Rented for $600/month.
Expenses:
Tax ($13,263/yr), Insurance ($4,000/yr), Water/Sewer ($2,000)
Cap rate: 6.2%
- Basement
- corner-apartment
- Deck
- Garage
NeighborhoodMore listings:
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.