Apartment Buildings /NJ /Hudson County /Union City /2705 Summit Ave
Apartment Buildings /NJ /Hudson County /Union City /2705 Summit Ave

2705 Summit Ave - Multi-Family FOR SALE


Union City, NJ 07087 | 
$2,526,000 USD
201-218-9156
2705 Summit Ave, Union City, NJ for Sale
$2,526,000 USD
Multi-Family - FOR SALE
1/6
null | 7.25% Cap Rate
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2705 Summit Ave
Union City, NJ 07087

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HIGHLIGHTS

  • Value-Add Opportunity
  • Strong unit mix of one- and two-bedroom apartments
  • Less than 20-minute commute to Midtown Manhattan
  • Landlord pays for heat, hot water, water/sewer & common area electric
  • Prime Location in Union City
  • $158K Price Per Unit

OVERVIEW

Patrick Forde License # 2330333, 122887 (NJ) Matthews Real Estate Investment Services, LLC 300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,526,000 USD

PRICE/SF

$226 USD /SF

# OF UNITS

6

PRICE/UNIT

$421,000

CAP RATE

7.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

10-00156-0000-00015

ASK ABOUT THIS PROPERTY

David FerberMatthews Real Estate Investment ServicesMore Info
201-218-9156

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David FerberMatthews Real Estate Investment ServicesMore Info
201-218-9156

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