604 21st St - Apartments FOR SALE


Union City, NJ 07087 | 
$1,379,000 USD
201-344-3753
604 21st St, Union City, NJ for Sale
$1,379,000 USD
Apartments - FOR SALE
1/10
null | 6.45% Cap Rate

604 21st St
Union City, NJ 07087


OVERVIEW

PRIME UNION CITY 9-UNIT MULTIFAMILY | SOLID BRICK CORNER BUILDING | MINUTES TO NEW YORK A rare opportunity to own a well-maintained building with NINE residential units: SEVEN 3-bedroom and TWO 2-bedroom apartments. Each unit is separately metered, with tenants paying for their own gas, electric, heat, and hot water, helping to keep owner expenses down. The building currently generates approx $145K in annual gross income. With nine units, steady income, and room to grow, it’s a great opportunity for investors and owner-operators in Hudson County. Conveniently located near shopping, dining, schools, parks, public transportation, and major roadways, with access to Jersey City, Hoboken, and New York City.

FOR SALE DETAILS

PRICE

$1,379,000 USD

PRICE/SF

$162 USD /SF

# OF UNITS

9

PRICE/UNIT

$153,222

CAP RATE

6.45%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1918

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,061 SF

ZONING

R

APN/PARCEL ID

10-00115-0000-00001

ASK ABOUT THIS PROPERTY

Edward MunozLifestyle International RealtyMore Info
201-344-3753

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Edward MunozLifestyle International RealtyMore Info
201-344-3753

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