Union City, NJ 07087 · Investment · For Sale · MLS 260005414
208 38Th St
$800,000
Investment
Use
6
Units
0
Parking spaces
92
Days Listed
About this property
This fantastic investment with lots of potential has just came to market! Buy these 6 units, in the heart of Union City, walking distance to Bergenline Ave, shops, cafes, banks, schools, houses of worship, local and NYC transportation, a stone's throw to Weehawken, Hoboken, Edgewater fine dining and shopping. Each apartment is approximately 650 soft of living space, 4 rooms each consisting of 2 bedrooms, living room, kitchen, 1 bathroom, totaling 3,900 sqft, large full unfinished basement with egress to the large backyard, separate gas, and electrical meters, security system. Landlord pay heat, water, and sewer. One unit will be delivered vacant and 5 fully rented. Sold As Is Where Is. All actual rents are registered with The rent leveling board. The landlord pays for heat, water, sewer and taxes. Tenants pay gas and electric.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationUnion City, NJ 07087
MLS #260005414
Space
Units6
Stories3
Constructionvinyl
Building systems
SprinklersNone
Site & exposure
Parking spaces0
Investment
Annual taxes$15,586
Est. gross income$77,932
Est. operating expense$36,508
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 208 38Th St?
The asking price is $800,000.
What is 208 38Th St 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 208 38Th St?
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.
