Property
| Ownership: | income-property |
|---|---|
| Rooms: | 4 |
| Bathrooms: | 4 |
| Pets: | Pets Allowed |
FinancialsPrice: $1,398,000 Annual Taxes: $16,529
| Price: | $1,398,000 |
|---|---|
| Annual Taxes: | $16,529 |
140 Bay St, Suite 1 Jersey City, NJ 07302 Phone: +1201-225-8655 Fax: +1201-604-6474 | |
| Courtesy of EXP REALTY LLC () | |
DescriptionIntroducing 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.
Neighborhood
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.
201 16TH ST New Jersey
DescriptionIntroducing 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.
Neighborhood
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.
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