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720 14TH ST

Union City, NJ 07087
  • $1,250,000
  • STATUS: Active
  • ON SITE: 174 Days
  • MLS #: 220002783
UPDATED: 117 min ago
$1,250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Great opportunity to acquire a desirable 6 unit asset. Composed of 1 three bedroom and 5 one bedroom units adds over $80,000 in gross rents, with low expenses yielding a 5.% cap rate makes this opportunity much more than an average purchase. Building has been completely remodeled and has separate utilities, well maintained water heaters and boilers. Active green card, and registered rents with recorded increases are in place. Near public transportation to NY, highways, schools, shopping, parks and restaurants.

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© 2022 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hoboken Living | Christie's International Northern New Jersey. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than Hoboken Living | Christie's International Northern New Jersey are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2022-08-11T00:26:05.143.
www.hobokenlivinghomes.com/homes/125915462
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720 14TH ST Union City, NJ 07087

  • Price: $1,250,000
  • Status: Active
  • On Site: 174 Days
  • Updated: 117 min ago
  • MLS #: 220002783
0
Beds
6
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Union City
County:
Hudson
Area:
Union City
Property Description
Great opportunity to acquire a desirable 6 unit asset. Composed of 1 three bedroom and 5 one bedroom units adds over $80,000 in gross rents, with low expenses yielding a 5.% cap rate makes this opportunity much more than an average purchase. Building has been completely remodeled and has separate utilities, well maintained water heaters and boilers. Active green card, and registered rents with recorded increases are in place. Near public transportation to NY, highways, schools, shopping, parks and restaurants.
Exterior Features

Covered Parking No Lot Size 2500 Stories 3

Interior Features

One Bedrooms 5 Three Bedrooms 1

Property Features

Commercial Type Investment Easements No Elevators No Flood None Fuel Gas Gross Income 59000 Handicap Access No Internet Yes Lead Paint Form Yes Mixed Use No Operating Expenses 14000 Taxes 13748

Listing provided courtesy of Prominent Properties Sotheby's International Realty:201-585-8080.


© 2022 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hoboken Living | Christie's International Northern New Jersey. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than Hoboken Living | Christie's International Northern New Jersey are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2022-08-11T00:26:05.143.
 
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Hoboken NJ, 07030