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    1401-1403 Summit Ave

    Union City, NJ 07087
    • $1,950,000
    • STATUS: Active
    • ON SITE: 11 days
    • MLS #: 202019849
    UPDATED: 75 min ago
    $1,950,000
    • 0
      BEDS
    • N/A
      ACRES
    • 10
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Area:

    School Ratings & Info

    Description

    Take advantage of this GREAT INVESTMENT OPPORTUNITY with this 8-Unit/2-Unit + 2 Commercial Space investment property in Union City! Property is fully occupied. Current commercial spaces are being rented out together. 1403 Summit is not subject to rent control! Property does offer two parking spots in the rear of 1403. Property is 1 block away from JFK Blvd for seamless transportation to NYC. Local laundromat is on the same block. Near parks, other local transportation, shopping and restaurants which is perfect for your business!

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    © 2020 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lane Team | Compass New Jersey LLC. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than The Lane Team | Compass New Jersey LLC are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2020-09-21T07:25:36.29.
    www.laneteam.com/homes/109850504
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    1401-1403 Summit Ave Union City, NJ 07087

    • Price: $1,950,000
    • Status: Active
    • Updated: 75 min ago
    • MLS #: 202019849
    0
    Beds
    10
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Union City
    Area:
    Union City
    Property Description
    Take advantage of this GREAT INVESTMENT OPPORTUNITY with this 8-Unit/2-Unit + 2 Commercial Space investment property in Union City! Property is fully occupied. Current commercial spaces are being rented out together. 1403 Summit is not subject to rent control! Property does offer two parking spots in the rear of 1403. Property is 1 block away from JFK Blvd for seamless transportation to NYC. Local laundromat is on the same block. Near parks, other local transportation, shopping and restaurants which is perfect for your business!
    Exterior Features

    Covered Parking No Lot Size 29.18X98.34 & 18X98.49 Number Parking Spaces 2 Stories 3

    Interior Features

    One Bedrooms 6 Three Bedrooms 1 Two Bedrooms 2

    Property Features

    Approximate Building Age 88 Commercial Type Investment Easements No Elevators No Free Standing No Fuel Gas Green Card Yes Gross Income 173344 Handicap Access No Internet Yes Lead Paint Form Yes Mixed Use Yes Operating Expenses 66374 Rent Control Yes Studios 1 Taxes 25436

    Listing provided courtesy of Lighthouse Residential Llc:201-613-2128.


    © 2020 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lane Team | Compass New Jersey LLC. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than The Lane Team | Compass New Jersey LLC are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2020-09-21T07:25:36.29.
     
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    The Lane Team | Compass New Jersey LLC
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    Upper Montclair NJ, 07052