16
See all 16 photos
$899,000
Est. payment /mo
11 BD
4 BA
4,400 SqFt
Active
505 5th St Union City, NJ 07087
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UPDATED:
02/19/2025 12:06 PM
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $204
MLS Listing ID 3942318
Style 3-Three Story
Bedrooms 11
Full Baths 4
Year Built 1900
Annual Tax Amount $15,728
Tax Year 2024
Lot Size 2,613 Sqft
Property Description
Discover a prime investment opportunity in the heart of Union City! This newly renovated 4-family property has updated amenities, ensuring a steady and reliable rental income. Property highlights include updated kitchens and bathrooms in all units, providing a fresh and contemporary living space. All units are currently rented, guaranteeing immediate income for the new owner. Split utilities, so tenants are responsible for their own utilities, reducing overhead costs for the landlord. Three apartments are large spacious 3 bedrooms, 1-bathroom units. One apartment is 2 bedrooms, 1 bathroom and currently vacant. All tenants are on month-to-month leases. This property is perfect for investors looking to expand their portfolio with a low-maintenance, high-return assets.
Location
State NJ
County Hudson
Rooms
Basement Full, Unfinished, Walkout
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Brick
Utilities Available Gas-Natural
Roof Type Flat
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by RE/MAX CENTRAL