1309 Summit Ave, Union City, NJ 07087

$649,000

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List Price
$649,000
Status
ACTIVE
MLS#
26026309
Property Type
Multifamily
County
Hudson
City
Union City

Property Description

Mixed use ; 1 restaurant on the 1st floor and 2 unit apt on the 2nd floor . Restaurant use the basement and backyard. separate utilities ( 3 boilers , 3 hot water tank, 3 electric meter, 3 gas meter, 2 water meter ( one is for restaurant another is for apt ). Good income producing property ( Gross Income : $ 63,720, NOI : $ 47,192 ; CAP Rate : abut 7.3 % ). Good for the investor. Sold As-Is condition.

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Listing courtesy of Listing Agent: Ken Ghilho Choi (kenchoiusa@gmail.com) from Listing Office: KNC Realty LLC.

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Source: New Jersey Multiple Listing Service, Inc.
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