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Listing Details

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Description

Building alert! Income producing and ready to buy! 3 unit investment property on a busy Summit Ave block generates a 6.72% cap rate. Walk away with a minimum net annual income of $64,470. Details: 6000 sq ft Commercial storefront with central air, full basement and three bedrooms in each apartment. Separate utilities With a new owner/landlord paying only water, sewer and insurance makes this a potential safe haven for your real estate needs. Park your money here. Inquire within.

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© 2021 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 Hudson Dwellings | PRIME Real Estate Group. 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 Hudson Dwellings | PRIME Real Estate Group 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: 2021-09-18T00:25:46.79.
www.hudsondwellings.com/homes/116597367
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813 Summit Ave Union City, NJ 07087

  • Price: $959,000
  • Status: Active
  • MLS #: 210010233
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Acres
Neighborhood:
Union City
Area:
Union City
Property Description
Building alert! Income producing and ready to buy! 3 unit investment property on a busy Summit Ave block generates a 6.72% cap rate. Walk away with a minimum net annual income of $64,470. Details: 6000 sq ft Commercial storefront with central air, full basement and three bedrooms in each apartment. Separate utilities With a new owner/landlord paying only water, sewer and insurance makes this a potential safe haven for your real estate needs. Park your money here. Inquire within.
Exterior Features

Lot Size 25 X 87

Interior Features

Three Bedrooms 2

Property Features

Commercial Type Investment Elevators No Gross Income 81600 Internet Yes Lead Paint Form Yes Operating Expenses 17130 Taxes 12430

Listing provided courtesy of Liberty Realty Llc:201-222-2900.


© 2021 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 Hudson Dwellings | PRIME Real Estate Group. 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 Hudson Dwellings | PRIME Real Estate Group 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: 2021-09-18T00:25:46.79.
 
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Hudson Dwellings | PRIME Real Estate Group
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