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 St

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.


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