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1 Retail + 4 Apartments. Investment Property in Union City
Cash-flowing 5 unit
Listing Contacts
License: NJ 0457873
Active
Asking Price: $890,000
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Address
911 Summit Ave, Union City, NJ 07087
Show on MapDate Added
Mar 5, 2025
Days on Market
54 days
Time Since Last Update
53 days
Details
Property TypeMultifamily
SubtypeApartment Building
Cap Rate6.26%
Occupancy100%
NOI$55,693
Units5
Year Built1908
Buildings1
Stories3
ZoningC-N
Marketing Description
Prime 5-Unit Investment Property in Union City, NJ
Seize this rare opportunity to own income-generating property in the heart of Union City! This mixed-use asset features a stable retail tenant and four fully occupied apartments! Long-term tenants and increasing rents. Located in a high-demand, densely populated area, the property benefits from constant foot and vehicle traffic, thriving local businesses, and excellent access to public transportation. With cash flow and future upside, this is a must-see investment in one of New Jersey’s most vibrant communities!
Investment Highlights
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One of the most densely populated areas in the United States - A lot of foot/vehicle traffic.
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Strong rental market - low vacancies.
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Cash-flowing property with restaurant tenant.
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Near transportation to NYC.
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$55,693.00
$4,641.08/mo
Valuation Metrics
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0
DSCR
6.26%
Cap Rate
6.26%
ROI
Property History
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Due Diligence
Listing Contacts
- License: NJ 0457873
Schedule a Tour
In Person
Virtual
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