GREAT INVESTMENT OPPORTUNITY!!! 6% cap rate based on current rents. Well maintained 3 family home in the heart on Union City. Garden level unit features 1bed/1bath. 1st floor unit features 2bed/1 bath plus access to the private, fenced in backyard. The 2nd floor unit features 2bed/1bath. Units include hardwood floors and stainless steel appliances. Conveniently located minutes from the Lincoln Tunnel, Route 1, and Tonnele Ave with great restaurants and shopping. Tenants pay heat, gas, electric and $50/month per unit for water/sewer. Property includes 3 gas boilers, 1 hot water heater, 4 electric meters (3 tenant, 1 landlord), and 1 water meter. Income and Expense sheet available upon request.
Off market
$758,100
1404 Bergenline Ave, Union City, NJ 07087
5beds
1,988sqft
MultiFamily
Built in 1898
-- sqft lot
$758,100 Zestimate®
$381/sqft
$3,924 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas
Features
- Basement: Full
Interior area
- Total interior livable area: 1,988 sqft
Property
Features
- Exterior features: Vinyl
Lot
- Size: 1,790 sqft
Details
- Parcel number: 1000073000000015
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other-See Remarks
Condition
- Year built: 1898
Community & neighborhood
Location
- Region: Union City
HOA & financial
Other financial information
- Total actual rent: 3750
Other
Other facts
- Heating: Gas
- HeatingYN: true
- CoolingYN: true
- Basement: Full
- Cooling: Window Unit(s)
- ArchitecturalStyle: Other-See Remarks
- Exclusions: tenant's personal belongings
- WaterSewerExpense: 3000
- ConstructionMaterials: Aluminum/Vinyl
- ParkingFeatures: See Remarks
- TotalActualRent: 3750
- InsuranceExpense: 2400
- Inclusions: All major installed appliances
- MlsStatus: Active
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Estimated market value
$758,100