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505 5Th St, Union City, NJ, 07087

10beds
4baths
4,400sqft
$815,000
$185price/sqft
$6,011/moest. monthly cost
$240,440/yrincome needed

About This Home

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.

Getting Around

93
WalkingWalker's Paradise
74
TransitExcellent Transit
75
BikeVery Bikeable

Schools

8/10
Sara M. Gilmore AcademyGrades 1-80.7 mi
8/10
Jose Marti STEM AcademyGrades 9-120.7 mi

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Flat
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas,Refrigerator,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Partial

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Bedrooms,Kitchen

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 4,400
  • Total interior livable area: 4,400 sqft

Property

Details

  • Parcel number: 1810000160000000070000

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 25 x 100

Parking

  • Parking features: On Street