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1505 Summit Avenue

Union City , NJ 07087

MLS#: 25009141

$1,200,000

Status: Active
Listing number: 25009141
Listing provided by: Prominent Properties Sotheby's International Realty-Englewood Cliffs
Listing agent phone: None
Last update: 2 months ago
On site: 7 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Sq.Footage

N/A

Great opportunity to acquire a desirable 6 unit asset. Composed of one bedroom and two bedroom units adds great value in gross rents, with low expenses yielding a 6% plus cap rate makes this opportunity much more than an average purchase. Building has been remodeled, some units  and has updated utilities, well maintained water heaters and boilers. Near public transportation to NY, highways, schools, shopping, parks and restaurants.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $1,200,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Location

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HUDSON

Elementary School

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Listing Courtesy of Jorge Aviles , Prominent Properties Sotheby's International Realty-Englewood Cliffs

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Great opportunity to acquire a desirable 6 unit asset. Composed of one bedroom and two bedroom units adds great value in gross rents, with low expenses yielding a 6% plus cap rate makes this opportunity much more than an average purchase. Building has been remodeled, some units  and has updated utilities, well maintained water heaters and boilers. Near public transportation to NY, highways, schools, shopping, parks and restaurants.

1505 Summit Avenue

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