For Sale
1017 Summit Avenue, Union City, Nj 07087
Property Description
Investment opportunity in vibrant Union City! This mixed-use building features 5 residential units, all fully occupied, and a versatile commercial space spanning over 1,100 sq ft on the ground floor currently rented to a lucrative nail salon. Situated in a high-demand location with easy access to public transit, shopping, dining, and more. A solid investment with both income-generating and value-add possibilities! Don’t miss this unique opportunity! 6.7% Cap Rate at list price. Larger rent increases possible with capital improvements.
Basic Details
Property Type :
Listing Type : For Sale
Listing ID : 24036950
Price : $925,000
Status : Active
Office Name : Keller Williams Park Views
Agent Name : Lauren Sosa
Property Sub Type : Res/Com Mixed
Roof : Flat
Address Map
Country : US
State : NJ
County : HUDSON
City : Union City
Zipcode : 07087
Street : Summit
Street Number : 1017
Street Suffix : Avenue
Longitude : W75° 7' 23.9''
Latitude : N39° 50' 57.7''
Additional Information
Virtual Tour : https://unbranded.youriguide.com/1017_summit_ave/
On Market Date : 2024-11-19
Financial
Tax Annual Amount : 14405
Listing Information
List Agent Mls Id : 1027549
List Office Mls Id : 2958
Modification Timestamp : 2024-11-19T13:00:38Z
Originating System Name : njmls
Status Change Timestamp : 2024-11-19T00:00:00Z
