38
See all 38 photos
$1,850,000
Est. payment /mo
12 Beds
4 Baths
Active
2907 CENTRAL AVE Union City, NJ 07087
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Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250013950
Bedrooms 12
Full Baths 4
HOA Fees $3/mo
Annual Tax Amount $11,000
Lot Dimensions 25X139
Property Sub-Type 4 Family
Property Description
RARE 4-FAMILY INVESTMENT OPPORTUNITY – 2 HOMES ON 1 LOT! A unique and fully renovated 4-family property with NO RENT CONTROL, offering a prime opportunity for both investors and end users. This rare setup features two separate 2-family homes on one oversized 25' x 140' lot – a front house and a rear house – providing exceptional rental income and privacy. Front Property: Renovated Units Currently rented for $2,800 and $2,500 ($5,300 total/month) Rear Property (New Construction): 1st Floor: 3-Bedroom unit rented for $3,500/month 2nd Floor: 4-Bedroom unit rented for $4,300/month Total rear building income: $7,800/month Total Monthly Rental Income: $13,100 Annual Gross Income: $157,200 Low Taxes: $11,000/year Private Parking for Multiple Cars. This property is perfect for any savvy investor looking for strong cash flow in a high-demand rental market. Located in the heart of Union City, close to public transportation, schools, shops, and minutes to NYC. Don't miss your chance to own a high-yield asset in one of Hudson County's fastest-growing neighborhoods.
Location
State NJ
County Hudson
Area Union City
Rooms
Basement Crawl Space, Unfinished
Interior
Heating A/C Central, Hot Air, Gas
Cooling A/C Central, Hot Air, Gas
Exterior
Exterior Feature Aluminum/Vinyl
Parking Features 3+ Cars
Listed by KELLER WILLIAMS TEAM REALTY