$1,250,000
1505 Summit Avenue, Union City, NJ 07087
Commercial Property 
Built in —— 
—— sqft lot 
—— car garage 
$——/sqft 
Listed 2 months 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 units 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
Monthly Payment
$Est. Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
S
Sara M. Gilmore Academy
1700 Kerrigan Ave, Union City, NJ, 07087
Grades 1-8
0.08 miles away
S
Sara M. Gilmore Academy
1700 Kerrigan Ave, Union City, NJ, 07087
Grades 1-8
0.08 miles away
J
Jose Marti STEM Academy
1800 Summit Ave, Union City, NJ, 07087
Grades 9-12
0.18 miles away
New - 3 days ago 
