Skip To Content
    Return to Previous Page

    531 28TH ST

    Union City, NJ 07087
    • $780,000
    • STATUS: Active
    • ON SITE: 21 days
    • MLS #: 202019419
    UPDATED: 92 min ago
    $780,000
    • 0
      BEDS
    • N/A
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Area:

    School Ratings & Info

    Description

    Well priced 5 units building with 7% cap rate. Amazing legal rents. Just check it out! It's also located few steps away from the Famous Bergenline Ave and 2 blocks to bus stops that takes you to Port Authority in just about 10 - 15 mins. Very close to the Lincoln tunnel. Can't be a better investment opportunity for you. Newly renovated #1R and Basement, new tub in apt #2L and #2R. New Water Heaters installed over a period of last 3 years. Separate utilities for each apartments. Well maintained building. Each of the 3 level has different layout. Basement (newly renovated): leads to the backyard where lots of vegetation is grown with passion and love. It also has separate storage. Level 1: #1R is newly renovated and has railroad layout. #1L can be newly renovated after the owners moveout and can be brought to the market rent. Level 2: #2R has unique layout which is designed very intelligently and smartly to remove the railroad style and to create privacy for the 2 bedrooms. Sold AS IS. The seller will not do any fixes or repairs.

    Monthly Payment Calculator



    © 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: 2020-09-26T15:25:47.27.
    www.laneteam.com/homes/109723730
    Print Image

    531 28TH ST Union City, NJ 07087

    • Price: $780,000
    • Status: Active
    • Updated: 92 min ago
    • MLS #: 202019419
    0
    Beds
    5
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Union City
    Area:
    Union City
    Property Description
    Well priced 5 units building with 7% cap rate. Amazing legal rents. Just check it out! It's also located few steps away from the Famous Bergenline Ave and 2 blocks to bus stops that takes you to Port Authority in just about 10 - 15 mins. Very close to the Lincoln tunnel. Can't be a better investment opportunity for you. Newly renovated #1R and Basement, new tub in apt #2L and #2R. New Water Heaters installed over a period of last 3 years. Separate utilities for each apartments. Well maintained building. Each of the 3 level has different layout. Basement (newly renovated): leads to the backyard where lots of vegetation is grown with passion and love. It also has separate storage. Level 1: #1R is newly renovated and has railroad layout. #1L can be newly renovated after the owners moveout and can be brought to the market rent. Level 2: #2R has unique layout which is designed very intelligently and smartly to remove the railroad style and to create privacy for the 2 bedrooms. Sold AS IS. The seller will not do any fixes or repairs.
    Exterior Features

    Lot Size 25X100 Stories 2

    Interior Features

    One Bedrooms 1 Two Bedrooms 4

    Property Features

    Approximate Building Age 1930 Commercial Type Investment Fuel Gas Green Card Yes Gross Income $73800 Internet Yes Lead Paint Form Yes Mixed Use No Operating Expenses $16945 Rent Control Yes Taxes 9061

    Listing provided courtesy of Exp Realty Llc:866-201-6210.


    © 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: 2020-09-26T15:25:47.27.
     
    https://bt-photos.global.ssl.fastly.net/liberty/orig_boomver_1_202019419-2.jpg https://bt-photos.global.ssl.fastly.net/liberty/orig_boomver_1_202019419-2.jpg https://bt-photos.global.ssl.fastly.net/liberty/orig_boomver_1_202019419-2.jpg
    Logo
    The Lane Team | Compass New Jersey LLC
    28 Valley Road
    Upper Montclair NJ, 07052