1505 Summit Avenue, Union City, NJ 07087

Commercial Property
Built in ——
—— sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

Great opportunity to acquire a desirable 6 unit asset. Composed of one bedroom and two bedroom units adds great value in gross rents, with low expenses yielding a 6% plus cap rate makes this opportunity much more than an average purchase. Building has been remodeled, some unitsÂ and has updated utilities, well maintained water heaters and boilers. Near public transportation to NY, highways, schools, shopping, parks and restaurants.

Listing Status:: Active
Date Added:: March 29, 2025 at 05:00AM
Listing Office:: Prominent Properties Sotheby's International Realty-Englewood Cliffs : 201-585-8080
Listing Agent:: Jorge Aviles : (862) 208-9478
MLS ID:: 25009141

Roofing: AsphaltFlat

This listing courtesy of Jorge Aviles, Prominent Properties Sotheby's International Realty-Englewood Cliffs

Location

Schools Nearby

Sara M. Gilmore Academy

1700 Kerrigan Ave, Union City, NJ, 07087

Grades 1-8

0.08 miles away

Sara M. Gilmore Academy

1700 Kerrigan Ave, Union City, NJ, 07087

Grades 1-8

0.08 miles away

Jose Marti STEM Academy

1800 Summit Ave, Union City, NJ, 07087

Grades 9-12

0.18 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.