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529 27th St, Union City, NJ, 07087

529 27th St
$742,000

Key Information

Cap Rate
6.75%
Tot. SF
4,500
$ per unit
$124,000
Units
6
Year Built
1929
Type
Multifamily
NOI
$50,112

Highlights

  • 6 Units
  • 46% Upside in Registered Rents
  • 6.75% Cap Rate
  • $124K Price Per Unit
  • Under 15 Minutes from Manhattan
  • All Two-Bedroom Units
  • Separately Metered
  • Tenants Pay for Heat, Hot Water, Cooking Gas & Electric
  • Landlord Covers Water/Sewer and Common Area Electric
  • Prime location in Union City, NJ
  • Convenient Transportation
  • The building is approximately a 5-minute walk to 30th St at Bergenline Ave bus stop which provides an 11 minute trip to into Midtown Manhattan.

Photos

Location

Agents

Broker of Record

Patrick Forde

License # 2330333 (NJ)
Matthews Real Estate Investment Services, Inc
300 Frank W Burr Blvd, Ste. 440, Teaneck, NJ 07666