Great opportunity to invest in a mixed use property in a developing Union City. Corner building, all brick. Located on a busy intersection of Bergenline Ave and 5th. 1st floor: Commercial space, currently vacant. Potential rent $2,000/month. 2nd floor: 2BR+balcony apt. Rent $1,800/month. 4 parking spots. Rented for $600/month. Expenses: Tax ($13,263/yr), Insurance ($4,000/yr), Water/Sewer ($2,000) Cap rate: 6.2%
Off market
$650,600
408 Bergenline Ave, Union City, NJ 07087
2beds
0baths
5,000sqft
SingleFamily
Built in ----
2,500 Square Feet Lot
$650,600 Zestimate®
$130/sqft
$2,641 Estimated rent
What's special
Services availability
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
$650,600
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
$650,600