1700-06 Kerrigan Ave, Union City

$1,150,000

0 Beds
0 Baths
0 Acres
0 Garages

PRIME OPPORTUNITY IN UP AND COMING UNION CITY. 7 UNIT BUILDING - FULLY RENTED - WITH SOLID INCOME, PRIME LOCATION AND EASY TO MANAGE. 7 LARGE UNITS PLUS BASEMENT LAUNDRY, STORAGE AND MULTIPLE PARKING SPACES. ON-SITE SUPER. AMAZING CORNER LOCATION, AROUND THE CORNER FROM BUS STOP, MINUTES TO NYC AND IN A HUB OF CURRENT AND FUTURE DEVELOPMENT. ALL UNITS CURRENTLY LEASED, WITH AVAILABLE UPSIDE IN RENTS. PARTIALLY RENOVATED, POTENTIAL TO IMPROVE FURTHER AND MAKE BOTH LONG AND SHORT TERM GAINS BY DEVELOPING THE BUILDING AS THE NEIGHBORHOOD CONTINUES TO GROW BY LEAPS AND BOUNDS AROUND IT. QUIET, HANDS-OFF INVESTMENT WITH INCREDIBLE POTENTIAL. VERY HARD TO SHOW, SAVVY INVESTORS ONLY, PLEASE READ FINANCIALS BEFORE INQUIRING - ONLY GROUP SHOWINGS ONLY AS AVAILABLE

Essential Information
MLS® #1907711
Price$1,150,000
Type5+ Mixed Use
Style5-25
StatusACTIVE
Community Information
Address1700-06 Kerrigan Ave
CityUnion City
CountyHUDSON
StateNJ
Zip Code07087
Amenities
FeaturesMUNICIPAL WA, SEWER
Exterior
RoofFLAT
Construction1900-1939
Additional Information
Date ListedFebruary 27th, 2019
Listing Details
OfficeKeller Williams Town Life
Property History
Price Reduced from $1,229,000 to $1,150,000

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All information deemed reliable but not guaranteed. Last date updated: 06/02/2020. Source: New Jersey Multiple Listing Service, Inc.

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