New Jersey
Union City
1017 Summit Avenue

$900,000

1017 Summit Avenue, Union City, NJ 07087

Commercial Property
Built in ——
—— sqft lot
—— car garage
$——/sqft
Listed 7 months ago

Property Description

Investment opportunity in vibrant Union City! This mixed-use building features 5 residential units, all fully occupied, and a versatile commercial space spanning over 1,100 sq ft on the ground floor currently rented to a lucrative nail salon. Situated in a high-demand location with easy access to public transit, shopping, dining, and more. A solid investment with both income-generating and value-add possibilities! Don't miss this unique opportunity! 6.7% Cap Rate at list price. Larger rent increases possible with capital improvements.

Listing Status:: Active
Date Added:: November 19, 2024 at 06:00AM
Listing Office:: Keller Williams Park Views : 201-939-0050
Listing Agent:: Lauren Sosa : (551) 655-1904
MLS ID:: 24036950

Roofing: Flat

This listing courtesy of Lauren Sosa, Keller Williams Park Views

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Veterans' Memorial Elementary School

1401 Central Ave, Union City, NJ, 07087

Grades PK-5

0.21 miles away

Sara M. Gilmore Academy

1700 Kerrigan Ave, Union City, NJ, 07087

Grades 1-8

0.31 miles away

Jose Marti STEM Academy

1800 Summit Ave, Union City, NJ, 07087

Grades 9-12

0.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.