2015 SUMMIT Avenue,  Union City NJ, 07087

(Active)
$1,249,000
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MLS# 20009061
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Last Updated: 4/3/2020 5:20 PM
Description for 2015 SUMMIT Avenue Union City, NJ 07087
Investor's Alert!!! 6% CAP passive income. Unique rooming house investments property two separate buildings with total 12 units (4 apartments and 8 rooms), no rent control. front building 1st floor 3 bedrooms -1 bathroom apartment, 2nd floor 4 separate rooms that share a Kitchen and bathroom. Rear Building 1st Floor 3 bedrooms, 1 bathroom apartment . 1st floor 4 separate rooms that share a bathroom. Two apartments on 2nd floor with 1 bedroom, 1 bathroom unit. 2nd floor 1 bedroom 1 bathroom apartment. Each Property has its own relatively new gas boiler and hot water heater. Two parking spots, huge basement for storage. All long-term tenants with month to month leases. Great working-class and screened tenants, on-site rent subsidized supervisor. Fully occupied (1 vacancy on hold) with waiting list of tenants. OWNER FINANCING AVAILABLE FOR QUALIFY BUYER ONLY.
Price
$1,249,000
HUDSON
20009061
Active
Description
Investor's Alert!!! 6% CAP passive income. Unique rooming house investments property two separate buildings with total 12 units (4 apartments and 8 rooms), no rent control. front building 1st floor 3 bedrooms -1 bathroom apartment, 2nd floor 4 separate rooms that share a Kitchen and bathroom. Rear Building 1st Floor 3 bedrooms, 1 bathroom apartment . 1st floor 4 separate rooms that share a bathroom. Two apartments on 2nd floor with 1 bedroom, 1 bathroom unit. 2nd floor 1 bedroom 1 bathroom apartment. Each Property has its own relatively new gas boiler and hot water heater. Two parking spots, huge basement for storage. All long-term tenants with month to month leases. Great working-class and screened tenants, on-site rent subsidized supervisor. Fully occupied (1 vacancy on hold) with waiting list of tenants. OWNER FINANCING AVAILABLE FOR QUALIFY BUYER ONLY.
Listing Information
Property Type: Multi-Family, Other
Neighborhood
Room Information
Driving Directions
21TH ST AND 22ND ST
Financial Considerations
$18,211
Listing Price History

Union City Real Estate

Union City is located in New Jersey. Union City, New Jersey 07087 has a population of 68,482.

The median household income for the surrounding county is $57,077 compared to the national median of $50,013. The median age of people living in Union City 07087 is 38 years.

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Courtesy: EXIT FRONTIER REALTY
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 4/3/2020.
Source: New Jersey Multiple Listing Service, Inc.

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This content last refreshed on 4/3/2020 5:20 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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