505 5th St, Union City NJ, 07087

Active

505 5th St

Union City NJ, 07087

$899,000

$204.32 per sqft

Active

11 Beds

4 Baths

4,400 sqft

Multi-family

Built in 1900

Discover a prime investment opportunity in the heart of Union City! This newly renovated 4-family property has updated amenities, ensuring a steady and reliable rental income. Property highlights include updated kitchens and bathrooms in all units, providing a fresh and contemporary living space. Three of the four units are currently rented, guaranteeing immediate income for the new owner. Split utilities, so tenants are responsible for their own utilities, reducing overhead costs for the landlord. Three apartments are large spacious 3 bedrooms, 1-bathroom units. One apartment is 2 bedrooms, 1 bathroom and currently vacant. All tenants are on month-to-month leases. This property is perfect for investors looking to expand their portfolio with a low-maintenance, high-return assets.

3942318

MLSⓇ ID

January 21, 2025

Listed

January 22, 2025

Updated

Map

505 5th St
Union City NJ, 07087

Interior Features

Total Stories: 3
Bedrooms: 11
Total Bathrooms: 4
Full Bathrooms: 4
Appliances: Gas Water Heater
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Baseboard, Natural Gas

Exterior/Building Features

Lot Size: 0.06 Acres
Architectual Style: 3-Three Story
Sewer: Public Sewer

Other Property Details

Taxes: $15,728
Tax Frequency: Annually
Garage: No
Parking: On Street
View: No
County: Hudson
Water Source: Public
Pool: No

Courtesy of RE/MAX CENTRAL with MICHAEL SCLAFANI,
Listing Contact:

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