$995,000

Sold

532 23RD ST

Union City, NJ 07087

4 baths | #240009745

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Type:Multi-Family

Structure:3 Family

Zone:Residential

Description

With great pleasure let me introduce you to 532 23rd st in Union City! This all Brick 3 family home is the opportunity so many investors have been searching for in this low inventory market. At its current rents, this investment property performs at a 5.8% cap rate with the opportunity for much more. Being located in such a renter demanded community and having public transportation to NYC, Hoboken, Jersey City only steps away, this property has all components of long-term success. All three units include 3 bed, 1 bath, kitchen, dining area, a large living room and high ceilings throughout. Unit 1 has its own outdoor space. There is a 2 car garage and a full partially finished basement with massive potential.

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Legal

IDX information for Hudson Multiple Listing Service is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Last Updated: 11/18/2024 at 1:54 PM. Source: HUDSON

Listing Courtesy
Listing Agent: DERIK PALMIERI (#15925), Phone: 201-962-9551, Email: derikpalmieri@gmail.com
Listing Office: CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP (#2217)

Provident LegacyReal Estate Group

Central Jersey MLS

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Monmouth Ocean Regional MLS

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Hudson Multiple Listing Service

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South Jersey Shore Regional MLS

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