545 9Th St, Union City, NJ 07087

Property Description

Well-maintained 4-family property located at 545-547 9th Street in the heart of Union City. Each unit offers spacious living areas with a functional layout, featuring four total bedrooms and four full bathrooms with two units on each level. The property includes gas heating, window A/C units throughout, and an unfinished basement offering additional storage potential. A rare bonus, this property also features 13 parking spaces, including 8 garages rented at $300 each and 3 rear parking spaces rented at $200 each, providing exceptional convenience and added value. Current apartment rents are $2,000, $725, $865, and $800, totaling $4,390 in apartment rental income. Combined with $2,400 from garages and $600 from rear parking, the property generates a total current monthly income of $7,390. Ideally located near Washington Park, Kennedy Boulevard transportation, shopping, dining, public transportation, and major commuter routes. Excellent opportunity for investors or owner-occupants!