705 8th St, Union City, NJ 07087

Don't miss this opportunity to own a fully renovated three-family home in Union City! Enter into each of these newly updated units and you are welcomed with a bright living room, gorgeous hardwood floors, and an open-concept right into the eat-in kitchen. The kitchens boast modern finishes, including white cabinets, a breakfast bar, and stainless steel appliances. Each unit has 2 sizable bedrooms, and 1 updated bathroom. Unit 1 is rented for $2,500 and the lease was renewed on May 1. Units 2 and 3 are each rented for $2,000, with leases ending in August. Potential to increase rental income to market value! Separate utilities, with new hot water heaters and furnaces, and a newer roof. Near public transportation to NYC, access to major highways, schools, shops/restaurants, and more! Also buyer can assume the mortgage and the 2.5% interest rate if they meet the lender’s assumption requirements! Seller pays water and sewer but tenants pay electric,heat, and hot water since each unit has their own boiler and water heater.