1208-10 Summit Avenue

Union City, NJ, 07087

$6,900,000

$6,900,000
Active
Active
 - For Sale
property_type
Multi-family
Excellent investment opportunity to invest in a very vibrant section of Union City. 24 residential units on floors 3 to 6 are all currently occupied. Six units per floor comprised of studios, one bedroom, and two bedrooms. All units come equipped with modern appliances and central air. All tenants pay their own utilities. Coin operated washers and dryers on floors 3-6. Two units with balconies on floors 3-6 (total of 8 units with balconies). Plans have been approved for an additional 3 residential units on the second floor. The ground floor is currently vacant and ready for a commercial tenant. Easy transportation to NYC and throughout Bergen County. Very stable income-generating building and very easy to maintain. Newly constructed in 2016. It is an As-Is sale.
MLS® ID:
22024024
Updated:
12/4/22

Exterior/Building Features

Architectural Style
Res/Com Mixed

Other Property Details

Area Name
Union City
Taxes
$147115
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
HUDSON
Pool
No

Property History

Date
Event
Price
Value
9/29/22
Price Change
$6,900,000
-5%
8/4/22
Price Change
$7,300,000
-14%

Courtesy of Coldwell Banker, Fort Lee, Jung Jung

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS.  Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers.  Some properties listed with the participating brokers do not appear on this website at the request of the seller.  Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Source: New Jersey Multiple Listing Service, Inc.

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Data last updated 2:47 AM UTC, 12/4/22

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