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House with terrace Union City (United States)by annonceur international

House with terraceUnion City (United States)
Price :
$1,799,000
bedrooms8 bathrooms8

Why this property will seduce you

  • Strategic Location: Proximity to highways and public transit.
  • Modern Design: Granite finishes and stainless steel appliances.
  • Full Service: Live-in superintendent available 24/7.
Incredible investment opportunity for a truly turnkey property in a prime location. Built in 2018, this property consists of four spacious two-bedroom, two-bathroom units, generating an impressive $104,535 in net annual income with a CAP rate of approx. 5.8%. Each unit has separate utilities, with tenants responsible for their own water, gas, electricity, and sewer expenses. The total building spans 8,286 square feet, with individual apartment sizes ranging from 1,076 to 1,235 square feet, situated on a lot measuring 25 x 178. This property offers 6 dedicated parking spaces, ensuring each unit has its own assigned spot, while one unit also features a private patio. Moreover, any unused parking spots present an excellent opportunity for additional rental income. These modern apartments boast individual washers and dryers, red oak hardwood flooring, central heating and air conditioning, granite countertops, stainless steel appliances, and granite counters and mosaic tile in the kitchens and classic subway tile in the bathrooms. The building is equipped with a central reporting fire alarm, security systems, and a whole building sprinkler system. The building also includes a full-time, live-in superintendent available 24/7 to promptly address any tenant concerns or maintenance issues. This dedicated professional ensures the building is consistently well-maintained, offering residents peace of mind and exceptional service at all times. By having the superintendent on-site, the owner experiences no burden or worries, knowing that the property is in capable hands. Conveniently located near major highways (Routes 3, 495, and 9) and public transportation options, including bus service to Port Authority that takes less than 30 minutes, this property is also close to parks, restaurants, shopping, and grocery stores. Union City is an outstanding investment area, and finding a property in such exceptional condition is a rare opportunity.
Advertiser reference : 119957914Le Figaro Properties reference : 109253601

Its assets

Assets detected by AI

  • Terrace
  • Air conditioning
  • Garage & Parking
  • Tumble dryer
  • Washing machine

In detail

* : Information not provided by the advertiser

House with terrace Union City (United States)

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annonceur international
8 Rue Centrale1003 Lausanne (Switzerland) All the listings of this agency

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