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Listed by Michael Gabriel RE/MAX SELECT - Montville
$899,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26035936
Style 5+Family
Property Sub-Type 5+Family
Property Description
Exceptional 6-family investment opportunity in the heart of Union City! This fully occupied multifamily property features six 2-bedroom, 1-bath apartments, each equipped with central air conditioning and separate utilities, offering an attractive, streamlined investment with tenants already in place. Currently operating at 100% occupancy and offering an approximately 7% cap rate, this is a compelling opportunity for investors seeking a stabilized multifamily asset in one of Hudson County’s most desirable commuter locations. Conveniently situated just minutes from NYC, with easy access to Manhattan-bound public transportation, the Lincoln Tunnel, major roadways, shopping, restaurants, schools and everyday conveniences. Union City’s exceptional location and strong rental demand make this property an excellent addition to an investment portfolio. 6 units. 100% occupied. Separate utilities. Central A/C. Approx. 7% cap rate. Prime NYC commuter location. A rare opportunity not to be missed.
Location
State NJ
County Hudson
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