Union City, NJ 07087 · Investment · For Sale · MLS 260016348
1410 Summit Ave
$929,000
Investment
Use
5
Units
1
Days Listed
About this property
Prime Five-Family and Storefront Investment Opportunity in Downtown Union City Location, Income & Opportunity All in One! Don’t miss this exceptional opportunity to own a five-family income-producing building with a storefront in the busy Summit Avenue commercial area of downtown Union City. The property features: Two 1-bedroom apartments Three 2-bedroom apartments A storefront A long-standing, income-producing operation with a 50+ year family history Ideally situated near schools, public transportation, recreational areas, and houses of worship, this property offers excellent visibility, convenience, and investment potential in a vibrant commercial neighborhood. A rare opportunity to acquire a continuously money-making property that has been successfully owned and operated by the same family for more than five decades. Whether you're an experienced investor or looking to expand your portfolio, this is an opportunity you won't want to miss!
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationUnion City, NJ 07087
MLS #260016348
Space
Units5
Stories3
Investment
Annual taxes$14,080
Est. gross income$85,440
Est. operating expense$20,100
Mixed useYes
Rent controlYes
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Union City zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 1410 Summit Ave?
The asking price is $929,000.
What is 1410 Summit Ave zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Union City zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 1410 Summit Ave?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
