$1,380,000
$1,399,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
2606 CENTRAL AVE Union City, NJ 07087
8 Baths
Key Details
Sold Price $1,380,000
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240007301
Sold Date 12/10/24
Full Baths 8
Annual Tax Amount $26,856
Lot Dimensions 30x92
Property Description
Consider 2606 Central Ave, Union City - an 8 family property in a fantastic location as your next acquisition. Sale includes eight (2) bedroom units with recent kitchen upgrades, separate water heaters and one universal boiler. This income producing property boasts a 7.8% CAP RATE with its units fully occupied and tenants paying on-time rents like clockwork. The building highlights a solid brick building, registered rents, a well managed property, and excellent condition that shows well and justifies the price. (Property recently appraised at $1.5 million) Successful tax appeal awarded to seller. All the reasons to inquire within and book your private viewing.
Location
State NJ
County Hudson
Area Union City
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Bought with COLDWELL BANKER RESIDENTIAL BROKERAGE