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Apartment Union City (United States)by prominent properties sotheby's international realty

ApartmentUnion City (United States)
Price :
$850,000
bedrooms9 bathrooms4

A rare value-add multifamily opportunity in the heart of Union City featuring three units plus a bonus walk-out basement unit w/potential to duplex w/the top floor (buyer to obtain CO). This detached brick & vinyl property sits on a 25’ x 102’ lot and offers strong curb appeal, excellent natural light, hardwood floors, baseboard gas heat, window A/Cs, and character-rich exposed brick in select units. Only one month-to-month tenant occupies the 2nd floor—the remaining units are vacant, providing immediate flexibility for investors or owner-occupants. Perfectly positioned near NJ Transit bus lines to Port Authority, with quick access to Route 495, Route 3, the Lincoln Tunnel, and close proximity to Bergenline Avenue, light rail, Hoboken, and Weehawken. Surrounded by supermarkets, coffee shops, bakeries, restaurants, parks, schools, fitness centers, and houses of worship, this vibrant neighborhood delivers strong, consistent rental demand. The property is also located in a minimal flood zone. Market rents average ~$2,200–$2,800+ per unit, creating clear upside through lease-up and light improvements. Landlord pays for heat and hot water, tenants pay for their cooking gas and electricity. With area cap rates hovering around ~5–6%, this asset offers both cash-flow potential and long-term appreciation—all wrapped into a low-maintenance, detached structure. This is the kind of opportunity buyers wait for—act now and secure your private tour before it’s gone.
Advertiser reference : GJ85VCLe Figaro Properties reference : 97567459

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  • Garden
  • Air conditioning

In detail

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Apartment Union City (United States)

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Tarek Hassieb

prominent properties sotheby's international realty
306 Washington Street07030 Hoboken (United States) All the listings of this agency

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