About 1017 Summit Avenue
Investment opportunity in vibrant Union City! This mixed-use building features 5 residential units, all fully occupied, and a versatile commercial space spanning over 1,100 sq ft on the ground floor currently rented to a lucrative nail salon. Situated in a high-demand location with easy access to public transit, shopping, dining, and more. A solid investment with both income-generating and value-add possibilities! Don't miss this unique opportunity! 6.7% Cap Rate at list price. Larger rent increases possible with capital improvements.
Features of 1017 Summit Avenue
| MLS® # | 24036950 |
|---|---|
| Price | $925,000 |
| Type | 5+ Mixed Use |
| Style | RTL/APT |
| Status | ACTIVE |
Community Information
| Address | 1017 Summit Avenue |
|---|---|
| City | Union City |
| County | HUDSON |
| State | NJ |
| Zip Code | 07087 |
Amenities
| Features | GAS, SEWER |
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Exterior
| Roof | FLAT |
|---|---|
| Construction | 1900-1939 |
Additional Information
| Date Listed | November 19th, 2024 |
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Listing Details
| Agent | Lauren Sosa |
|---|---|
| Office | Keller Williams Park Views |