Union City, NJ 07087 · Investment · For Sale · MLS 260005174
513 Central Ave
$895,000
Investment
Use
6
Units
122
Days Listed
About this property
Discover a prime investment opportunity in the heart of Union City! This fully-rented six-family property offers stable, reliable income in a thriving community just moments from New York City. Surrounded by major retailers, diverse restaurants, parks, and a vibrant cultural scene, this property sits at the perfect intersection of urban convenience and neighborhood charm. Union City is known for its vibrant arts, lively community events, and a rich array of culinary experiences that tenants absolutely love. This dynamic atmosphere not only enhances tenant satisfaction but also helps maintain strong occupancy. Do not miss out on this opportunity!
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationUnion City, NJ 07087
MLS #260005174
Space
Units6
Stories3
ConstructionBrick
Investment
Annual taxes$10,608
Est. gross income$62,256
Est. operating expense$4,870
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 513 Central Ave?
The asking price is $895,000.
What is 513 Central 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 513 Central 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.
