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Listing 6 out of 128
$749,000 For Sale

2510 Adam Pl
Union City, NJ 07087

Multi Family Home - MLS# 190014180
Property Photo
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Description

Rare - Legal, renovated 4-family property at an amazing 7%+ cap rate with below-market rents and value add potential. Incredible investment opportunity in this beautiful 3 family + 1 single family building located on 1 lot, with a 2016 determination in place from Union City exempting the property from rent control. Situated in the heart of Union City, this property features 3 two bedroom/1 bath units and 1 three bedroom/1 bath unit, finished basement with bathroom which is currently used by owner as storage space; private courtyard, and brand new furnace under warranty. Long-term tenants in place with upside on the rents and potential to rent out basement as storage space. Located just off Summit Ave, you'll find easy access to shopping, dining, nightlife and NYC Transit to Port Authority.

Features

  • Property Type: Multi Family Home
  • Sub Type: 4 Family
  • Listing Status: Active
  • County/Area: Hudson County
  • Zip Code: 07087
  • Style: Colonial
  • Full Baths: 5
  • Basement: Finished, Full
  • Lot Size: 25 X 100
  • Baths: 5
  • Exterior Finish: Aluminum/Vinyl
  • Heating/Cooling: Gas
  • Taxes: 11700
  • Total Bedrooms: 9
  • Total Kitchens: 4
  • Total Living Rooms: 4
Courtesy of Coldwell Banker Residential Brokerage, 201-798-3300

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Marge Crimmins
Century 21 Innovative Realty

465 Central Avenue
Jersey City, NJ 07307
Phone: 201-240-6531
Email: myrealtormarge@gmail.com

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