Fully Rented Legal 4-Family investment property with multiple streams of income with over 7% cap rate. Beautiful Brick Building with wide frontage. Prime Location short distance to Midtown Manhattan. Strong local rental market. Spacious Dry basement for a possible 5th Unit. PERFECT size and layout for Condo Conversion. Renovated condition and well maintained. Major capital improvement. Tremendous upside potential. NEW Inspection Green card. Low Expenses with separate water, sewer, electricity, gas meters. Within IRS Opportunity Zone for tax benefits. Solid Investment for cash flow and appreciation and great for 1031 exchange. Check out the great neighborhood yourself and attend OPEN HOUSE or call for a private showing! Financials and virtual tour available.
Off market
$1,064,700
3804 Palisade Ave, Union City, NJ 07087
5beds
2,474sqft
MultiFamily
Built in 1900
-- sqft lot
$1,064,700 Zestimate®
$430/sqft
$2,932 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Gas
Cooling
- Wall
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Features
- Basement: Partially Finished
Interior area
- Total interior livable area: 2,474 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 2,548 sqft
Details
- Parcel number: 1000227000000002
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Row House
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Union City
Other
Other facts
- Heating: Baseboard, Gas
- Basement: Partially Finished
- HeatingYN: true
- CoolingYN: true
- Exclusions: personal items
- ConstructionMaterials: Brick
- Cooling: Wall Unit(s)
- ArchitecturalStyle: Row House
- Inclusions: utilities, major kit appl
- InsuranceExpense: 1280
- MlsStatus: Active
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Estimated market value
$1,064,700