Standing prominently on an oversized corner lot in Union City, this investment property comes fully rented with 4 spacious apartments including up to 6 car parking. Condo Conversion and/or increase to a 5 family is realistic. $4900 Gross Revenue edges a 5 1/2 % cap rate leaving room for growth. Many upgrades including Separate utilities makes this ideal for the would be investor. Bus stop literally at the corner, close to schools, shopping, Washington park, and central to the Heights, Weehawken, Hoboken, and major highways. 1st time and seasoned investors, let's see how this property can add value to your portfolio.
Off market
$972,100
1614 Central Ave, Union City, NJ 07087
8beds
2,324sqft
MultiFamily
Built in 1898
-- sqft lot
$972,100 Zestimate®
$418/sqft
$3,970 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Features
- Basement: Full, Finished
Interior area
- Total interior livable area: 2,324 sqft
Property
Parking
- Total spaces: 3
Lot
- Size: 3,497 sqft
Details
- Parcel number: 1000085000000018
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1898
Community & neighborhood
Location
- Region: Union City
Other
Other facts
- Type: 4 Family
- Taxes: 11638
- BUILDING STYLE: Colonial
- EXTERIOR FINISH: Aluminum/Vinyl, Brick, Block
- Lead Paint Form Y/N: Yes
- BASEMENT: Full, Finished
- HEATING/COOLING: Gas, A/C Window
- PARKING AVAILABLE: 3+ Cars
- Tax Database ID: 3
- Tax ID: 1973
- Tax Property ID: 09101973
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$972,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$972,100