With great pleasure let me introduce you to 532 23rd st in Union City! This all Brick 3 family home is the opportunity so many investors have been searching for in this low inventory market. At its current rents, this investment property performs at a 5.8% cap rate with the opportunity for much more. Being located in such a renter demanded community and having public transportation to NYC, Hoboken, Jersey City only steps away, this property has all components of long-term success. All three units include 3 bed, 1 bath, kitchen, dining area, a large living room and high ceilings throughout. Unit 1 has its own outdoor space. There is a 2 car garage and a full partially finished basement with massive potential.
Sold for $995,000 on 09/16/24
$995,000
532 23rd St, Union City, NJ 07087
9beds
--sqft
MultiFamily
Built in ----
-- sqft lot
$1,016,400 Zestimate®
$--/sqft
$3,554 Estimated rent
What's special
Zillow last checked: 8 hours ago
Listing updated: September 16, 2024 at 11:23am
Listed by:
DERIK PALMIERI,
CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP 201-962-9551
Bought with:
NON-MEMBER
Source: HCMLS,MLS#: 240009745
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Natural Gas
Cooling
- Window Unit(s)
Features
- Basement: Finished,Partially Finished,Walk-Out Access
Property
Parking
- Parking features: 2 Cars, Attached, Garage
- Has garage: Yes
Details
- Parcel number: 100012800000001901
- Land lease expiration date: 1726444800000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Row House,Multi Level
Materials
- Brick
Community & neighborhood
Location
- Region: Union City
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,016,400
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
$1,016,400