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1716 Bergenline Ave
Union City, NJ 07087
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- 8 Units Building $135,840.00 Annual Rental Gross Income
EXECUTIVE SUMMARY
Excellent Investment Opportunity: Mixed-Use Building with 8 Units and ( 6 Residential and Two Commercial Storefronts)
Discover an exceptional investment opportunity with this mixed-use building, generating an annual gross income of $135,840.00. This property features 6 residential units and 2 commercial storefronts, offering immediate and steady rental income.
Prime Location & Strong Returns:
Strategically located with high visibility, this property is ideal for investors seeking strong returns and long-term value. Its prime location provides easy access to NYC transportation, shops, restaurants, banks, parks, and schools, making it a desirable place to live and ensuring consistent tenant demand.
Don't miss out on this rare mixed-use property that combines residential comfort with commercial potential. Schedule a private tour today to explore all that this exceptional investment has to offer.
Discover an exceptional investment opportunity with this mixed-use building, generating an annual gross income of $135,840.00. This property features 6 residential units and 2 commercial storefronts, offering immediate and steady rental income.
Prime Location & Strong Returns:
Strategically located with high visibility, this property is ideal for investors seeking strong returns and long-term value. Its prime location provides easy access to NYC transportation, shops, restaurants, banks, parks, and schools, making it a desirable place to live and ensuring consistent tenant demand.
Don't miss out on this rare mixed-use property that combines residential comfort with commercial potential. Schedule a private tour today to explore all that this exceptional investment has to offer.
PROPERTY FACTS
| Price Per Unit | $208,317 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 8.08% | Lot Size | 0.06 AC |
| No. Units | 6 | Building Size | 5,274 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1920 |
| Zoning | commercial - multi family | ||
| Price Per Unit | $208,317 |
| Sale Type | Investment |
| Cap Rate | 8.08% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,274 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | commercial - multi family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 10-00090-0000-00016 | Improvements Assessment | $677,800 |
| Land Assessment | $390,000 | Total Assessment | $1,067,800 |
PROPERTY TAXES
Parcel Number
10-00090-0000-00016
Land Assessment
$390,000
Improvements Assessment
$677,800
Total Assessment
$1,067,800
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