BUYER'S AGENT PROTECTED AT 2%! TREMENDOUS 3 FAMILY CASH COW WITH PARKING ON OVERSIZED 25X115 LOT IN BOOMING UNION CITY, NJ. NO OIL TANK ON PROPERTY! ENGINEERING DOCUMENTATION ON FILE! 6.25% CAP RATE, WHICH IS VERY GENEROUS IN THE CURRENT MARKET! * 2 APTS GUT RENOVATED INCLUDING NEW PLUMBING & ELECTRIC AND 1 APT IN VERY GOOD CONDITION! * BUILDING LOCATED IN BEST UNION CITY LOCATION WITH DIRECT NYC BUS TRANSPORTATION STEPS AWAY ON KENNEDY BLVD. VERY QUICK COMMUTE TO JOURNAL SQUARE. * WORKING PROFESSIONAL TENANTS WHO TRULY CARE FOR THE BUILDING! * HUGE GROWTH POTENTIAL WITH MASSIVE ASSET APPRECIATION POTENTIAL AS PEOPLE CONTINUE TO BE PRICED OUT OF NEIGHBORING HOBOKEN, JERSEY CITY, WEEHAWKEN, BROOKLYN, & MANHATTAN! * OVERSIZED LOT SIZE, WHICH IS A HUGE VALUE FOR ANY PROPERTY, ALLOWING ABILITY TO BUILD OUT PROPERTY! * DON'T LET THE YEARS GO BY AND REGRET BUYING IN UNION CITY NOW! INCOME: APT. 1: 1 BD $1350/MONTH APT. 2: 1 BD + OFFICE (OR 2ND BD) $1100/MONTH (VERY UNDERMARKET RENT) APT. 3: 1BD $1600/MONTH EXPENSES: RE TAXES: $8275/YEAR INSURANCE: $1400/YEAR UTILITIES: $2200/YEAR (WATER/SEWER & GAS) TENANTS PAY THEIR OWN ELECTRIC.
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