505 5th St
Union City, NJ 07087
Price: $874,000
GSMLS: 3942318Type: Multi-Family
Style: 3-Three Story
Total Units: 4
Beds: 11
Baths: 4 Full
Garage: No
Year Built: 1900
Acres: 0.06
Property Tax: $15,728
Description
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. All 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.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
23
Basement:
Yes - Full, Unfinished, Walkout
Interior:
n/a
Roof:
Flat
Exterior:
Brick
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Utilities
Heating:
Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Hudson
Town:
Union City
Neighborhood:
n/a
Financial Considerations
List Price:
$874,000
Tax Amount:
$15,728
Land Assessment:
$270,000
Build. Assessment:
$581,100
Total Assessment:
$851,100
Tax Rate:
1.85
Tax Year:
2024
Listing Information
MLS ID:
3942318
List Date:
01-21-2025
Days On Market:
89
Listing Broker:
RE/MAX CENTRAL
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHomeHunter.com
