Turnkey investment property: gut-renovated 4-family in downtown Union City close to Hoboken and public transportation

140 Bay St, Suite 1 Jersey City, NJ 07302
Phone: 201-225-8655
Fax: 201-604-6474
Courtesy of CHRISTOPH SCHLUENDER REALTY (201-984-7973)
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Location

516 9TH ST
Union City NJ 07087
Cross street:Bergenline & West

Property

Ownership: For Sale
Type: Multi-Family
Rooms: 4
Bathrooms: 4
Pets: No Pets

Financials

Price: $599,000

Description

Turnkey investment property: gut-renovated 4-family in downtown Union City close to Hoboken and public transportation. Fully rented: 4 x 1-Bedroom apartments with approx. 525 sq.ft. each. Renovation in 2014 included brick facade restoration, new cornice, all new bathrooms, all new kitchens, 4 separate central AC and heating systems. Separate water meter for each unit; tenant pays own water bill. Fully sprinklered building. Storage in basement. Security camera system. Monthly rent roll of approx. $4,400.


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.