201 34Th StUnion City, NJ 07087

For Sale
$1,550,000

Nine-unit apartment building, strong ROI.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional three-story apartment building, located at 201-203 34th Street in Union City, New Jersey (zip code 07087), presents a compelling investment opportunity. The property comprises nine residential units: seven one-bedroom apartments and two spacious two-bedroom apartments. This multifamily building offers a blend of comfortable living and strong income generation potential. Situated in a desirable, quiet neighborhood, residents benefit from the convenience of nearby shops and restaurants, all within easy walking distance. To enhance tenant appeal and retention, heat, hot water, water, and sewer are included in the rent. Three units underwent tasteful renovations in 2021, further increasing their desirability. The property's efficient management is facilitated by three boilers and six hot water tanks. Priced at $1,550,000, this property represents a solid investment in a sought-after Union City location, promising a substantial return on investment. This is a rare opportunity to acquire a well-maintained, income-producing asset in a thriving New Jersey market. Don't miss this chance to secure your future income stream.

Property Details for 201 34Th St

Property type
Multifamily properties, Apartment buildings
Stories
3

Location Insight

City
Union City
County
Hudson
State
New Jersey
Latitude
40.7713785
Longitude
-74.0255436
201 34Th St, Union City, New Jersey

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201 34Th St
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