The Investment options are endless with this rarely-offered Union City 4-family that sits on a double 50x100 lot

140 Bay St, Suite 1 Jersey City, NJ 07302
Phone: 201-225-8655
Fax: 201-604-6474
Courtesy of BERKSHIRE HATHAWAY HUDSON RIVER PROPERTIES (201-216-0909)
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Location

539 28TH ST
Union City NJ 07087
Cross street:Central Ave & Bergenline Ave

Property

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

Financials

Price: $674,999

Description

The Investment options are endless with this rarely-offered Union City 4-family that sits on a double 50x100 lot. With the current rent role it boasts a very healthy 5.1% Cap rate, offering immediate cash flow. 3 of the property's NINE parking spaces are vacant, offering an easy way to add even more revenue. Currently arranged as two 2-family homes, the development opportunities are tremendous. 3 Garage parking spots and 6 outdoor spots. Close to shopping and NYC transportation. All tenants are on month to month. Property sold "As Is".


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.