Investor’s Dream in Prime Union City Location!This 4-family property with a bonus studio offers excellent rental income (all below market rent with mth to mth leases) and long-term upside in one of Hudson County’s most commuter-friendly neighborhoods—just minutes to NYC via bus or light rail, Steps from Bergenline Ave, and close to parks, shopping, and schools. The first floor features Unit 1L: 1 bedroom, 1 bath, approx rental at $1,500/month will be delivered Vacant, Unit 1R: 2 bedrooms, 1 bath, rented at $1,250/month. The second floor offers Unit 2L: 2 bedrooms, 1 bath, rented for $1,400/month, and Unit 2R: 2 bedrooms, 1 bath, rented at $1,200/month. In the rear, a bonus studio with private entrance includes 1 bedroom and 1 bath. Additional features include a shared laundry area in the basement, a bath and separate utilities for each unit, Heat & Water paid by the owner. With low taxes and strong tenant demand, this is a high-performing asset generating immediate cash flow. Whether you're house-hacking or expanding your investment portfolio, this opportunity is not to be missed!
For sale
$1,150,000
509 Monastery Pl, Union City, NJ 07087
8beds
--sqft
Est.:
MultiFamily
Built in ----
-- sqft lot
$1,152,100 Zestimate®
$--/sqft
$-- HOA
What's special
- 5 days
- on Zillow |
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