715 22nd St - Apartments FOR SALE


Union City, NJ 07087
$1,350,000 USD
973-319-5305
715 22nd St, Union City, NJ for Sale
$1,350,000 USD
Apartments - FOR SALE
1/2
null | 6.24% Cap Rate

715 22nd St
Union City, NJ 07087


OVERVIEW

Diverse Unit Mix: A combination of 1, 2, and 3-bedroom units catering to a broad tenant base. Well-Maintained: The building features reliable utilities and professionally managed services, reducing future maintenance costs. Location: Positioned in a high-demand rental market, ensuring tenant stability and potential rent growth. This property stands out as a prime asset for investors looking to expand their portfolio with a stable, income-producing multifamily property. With its strong financials and strategic location, this building is poised for both immediate and long-term profitability.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$345 USD /SF

# OF UNITS

8

PRICE/UNIT

$168,750

CAP RATE

6.24%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

R

APN/PARCEL ID

10-00116-0000-00011

ASK ABOUT THIS PROPERTY

Eduardo LopezLee & Associates Commercial Real Estate ServicesMore Info
973-319-5305

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Eduardo LopezLee & Associates Commercial Real Estate ServicesMore Info
973-319-5305

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.