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201 16TH ST, Union City, NJ, 07087

  • $1,275,000
201 16TH ST , 201 16TH ST , Union City, Union City, Hudson

201 16TH ST, Union City, NJ, 07087

201 16TH ST , 201 16TH ST , Union City, Union City, Hudson
  • $1,275,000

Overview

Property ID: 240000858
  • 4 Family
  • Property Type
  • 4
  • Bathrooms
  • 240000858
  • Property ID
  • Address 201 16TH ST
  • City Union City
  • State/county Hudson
  • Zip/Postal Code 07087
  • Area Union City
  • Country USA

Details

Updated on August 14, 2024 at 12:52 pm
  • Property ID: 240000858
  • Price: $1,275,000
  • Bathrooms: 4
  • Property Type: 4 Family
  • Property Status: For Sale

Additional details

  • Lot: 27
  • LotSizeSqft: 0
  • LotSize: 31x51
  • Est Tax: $16529
  • In Between: corner of 16th and Manhattan

Description

Introducing a prime investment opportunity in the heart of Union City on the corner of 16th and Manhattan Ave, this mixed-use building seamlessly blends commercial success with residential comfort. The ground floor boasts a thriving restaurant, Fork Hill Kitchen, providing a bustling atmosphere for patrons and ensuring a steady stream of income for investors. Upstairs, discover 3 updated and spacious 2 bedroom and 1 bath apartments, each designed for modern living. The apartments offer a perfect balance of style and functionality, attracting potential tenants seeking contemporary comforts. With separate gas and electric utilities for each unit, the new owner won’t have to worry about unnecessary carrying costs. Recent upgrades include a two-year-old roof and two brand-new water heaters. This turnkey investment opportunity promises a lucrative return, combining a successful restaurant venture with updated residential spaces in a prime location. Investors looking for a diversified and profitable asset should seize this chance to capitalize on the thriving potential of this mixed-use gem.

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Listed By: EXP REALTY LLC

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