902-904 22ND ST

    Union City, NJ 07087
    • $1,750,000
    • STATUS: Active
    • ON SITE: 73 days
    • ID#: 202000873
    UPDATED: 27 min ago
    $1,750,000
    • 0
      BEDS
    • N/A
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Area:

    School Ratings & Info

    Description

    GREAT CORNER LOT INVESTMENT OPPORTUNITY!! 7% cap rate based on projected rents. This Property has been meticulously maintained by current owner. Between the two buildings, this property includes a total of 7 oversize units, 5 one bedroom and 2 two bedroom units plus an attached garage with 5 parking spaces. Tenants pay for cooking gas and electric. Landlord pays for heat and hot/cold water. Property has 2 gas boilers, 2 hot water heaters, and 7 electric meters. Property could be a candidate for condo conversion or long term investment holds. Conveniently located steps from JFK Blvd and minutes from Rt 495. Income and Expense report and floor plan available by request.

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    © 2020 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 Daunno Realty Services, LLC. 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 Daunno Realty Services, LLC 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: 2020-03-28T09:25:34.
    www.daunnorealty.com/homes/102286083

    902-904 22ND ST Union City, NJ 07087

    • Price: $1,750,000
    • Status: Active
    • Updated: 27 min ago
    • ID#: 202000873
    0
    Beds
    7
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Union City
    Area:
    Union City
    Property Description
    GREAT CORNER LOT INVESTMENT OPPORTUNITY!! 7% cap rate based on projected rents. This Property has been meticulously maintained by current owner. Between the two buildings, this property includes a total of 7 oversize units, 5 one bedroom and 2 two bedroom units plus an attached garage with 5 parking spaces. Tenants pay for cooking gas and electric. Landlord pays for heat and hot/cold water. Property has 2 gas boilers, 2 hot water heaters, and 7 electric meters. Property could be a candidate for condo conversion or long term investment holds. Conveniently located steps from JFK Blvd and minutes from Rt 495. Income and Expense report and floor plan available by request.
    Exterior Features

    Covered Parking Yes Lot Size 50X94 Number Parking Spaces 5

    Interior Features

    One Bedrooms 5 Two Bedrooms 2

    Property Features

    Commercial Type Investment Gross Income $128016 Internet Yes Lead Paint Form Yes Operating Expenses $41290 Taxes 26330

    Listing provided courtesy of Triplemint:201-228-0609.


    © 2020 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 Daunno Realty Services, LLC. 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 Daunno Realty Services, LLC 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: 2020-03-28T09:25:34.
     
    Daunno Realty Services, LLC
    251 Westfield Ave.
    Clark NJ, 07066