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505 5th Street, Union City, NJ, 07087

$874,999

11

Beds

4

Bathrooms

3,150

Building Sqft

0.06

Acres

2,614

Lot Sqft

About 505 5th Street

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. Two apartments are large spacious 3 bedrooms, 1-bathroom units, the other two apartments are 2 bedrooms, 1 bathroom. This property is perfect for investors looking to expand their portfolio with a low-maintenance, high-return assets.

Features of 505 5th Street

MLS® #
22501507
Bedrooms
11
Bathrooms
4
Full Baths
4
Acres
0.06
Type
Multi-Family
Price
$874,999
Square Footage
3,150
Year Built
1900
Sub-Type
Four Family

Additional Features

Subdivision
None

Exterior

Lot Description
[]

Community Information

Address
505 5th Street
Subdivision
None
City
Union city
County
Hudson
State
NJ
Zip Code
07087

Listing Information

Agent Name
Michael Sclafani
Agent Office
RE/MAX Central

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(718) 987-7900