413 16th St - Apartments FOR SALE


Union City, NJ 07087
$1,100,000 USD
201-954-4415
413 16th St, Union City, NJ for Sale
$1,100,000 USD
Apartments - FOR SALE
1/21
null | 6.18% Cap Rate

413 16th St
Union City, NJ 07087


HIGHLIGHTS

  • Perfect investment opportunity in Union City
  • Minutes away from Hoboken and NYC
  • Income producing property

OVERVIEW

BEAUTIFULLY MAINTAINED 4 FAM, WITH 6 UNITS TOTAL. HOWEVER WE ARE SELLING IT AS A 4 FAMILY. BRING YOUR FHA BUYER (ALL WELCOME) UNION CITY! THIS PROPERTY BOASTS PRIDE IN OWNERSHIP. PRIME LOCATION! PERFECT FOR INVESTORS AND NEW YORK COMMUTERS, MINUTES TO HOBOKEN , 20 MINS TO NY! CLOSE TO SHOPS, EASY TRANSPORTATION. INCOME PRODUCING PROPERTY WITH MAXIMUM OPPORTUNITY WITH A CAP OF 6% PRIVATE OWNER OCCUPIED FIRST FLOOR UNIT WITH SPACIOUS BACKYARD ACCESS & DOUBLE ENTRANCES. FULLY FINISHED BASEMENT WITH TWO FULL FINISHED BATHROOMS - PRIVATE ENTRANCE WASHER & DRYER INCLUDED 3 BED APT ALSO HAS STACKABLE WASHER & DRYER IN CLOSET WHICH CAN BE REINSTATED. ALL TENANTS ARE ON A MONTH 2 MONTH BASIS. APT #1L 2 BED 1 BATH UNIT #2L 3 BED 1.5 BATH UNIT #1R 2 BED 1 BATH UNIT #2R 1 BED 1 BATH..

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$367 USD /SF

# OF UNITS

4

PRICE/UNIT

$275,000

CAP RATE

6.18%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

MIX

APN/PARCEL ID

10-00076-0000-00011

ASK ABOUT THIS PROPERTY

Miguel Junio FerminHP PropertiesMore Info
201-954-4415

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Miguel Junio FerminHP PropertiesMore Info
201-954-4415

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.