About 1505 Summit Avenue
Great opportunity to acquire a desirable 6 unit asset. Composed of one bedroom and two bedroom units adds great value in gross rents, with low expenses yielding a 6% plus cap rate makes this opportunity much more than an average purchase. Building has been remodeled, some units and has updated utilities, well maintained water heaters and boilers. Near public transportation to NY, highways, schools, shopping, parks and restaurants.
Features of 1505 Summit Avenue
| MLS® # | 25009141 |
|---|---|
| Price | $1,200,000 |
| Bathrooms | 0.00 |
| Type | 5+ Mixed Use |
| Status | Active |
Community Information
| Address | 1505 Summit Avenue |
|---|---|
| City | Union City |
| County | HUDSON |
| State | NJ |
| Zip Code | 07087 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Roof | Asphalt, Flat |
|---|
Additional Information
| Date Listed | March 29th, 2025 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jorge Aviles |
|---|---|
| Office | Prominent Properties Sotheby's International Realty-Englewood Cliffs |