Active

505 5TH ST

Union City NJ, 07087

$899,000


Active

11 Beds

4 Baths

Multi-family

PDiscover a prime investment opportunity in the heart of Union City! This newly renovated 4-family property has updated amenities, ensuring a steady and reliable rental income. Property highlights include updated kitchens and bathrooms in all units, providing a fresh and contemporary living space. Three of the four units are currently rented, guaranteeing immediate income for the new owner. Split utilities, so tenants are responsible for their own utilities, reducing overhead costs for the landlord. Three apartments are large spacious 3 bedrooms, 1-bathroom units. One apartment is 2 bedrooms, 1 bathroom and currently vacant. All tenants are on month-to-month leases. This property is perfect for investors looking to expand their portfolio with a low-maintenance, high-return assets.

250002222

MLS ID

February 3, 2025

Listed

February 12, 2025

Updated

Interior Features

Bedrooms

11


Total Bathrooms

4


Full Bathrooms

4


Fireplace

No


Cooling

Yes


Cooling Description

A/C Window


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Architectual Style

Multi-Level

Other Property Details

Area Name

Union City


Days on Market

2


Garage

No


Parking

None


View

No


County

Hudson


Pool

No

Courtesy of REMAX CENTRAL with MICHAEL SCLAFANI,
Listing Contact: 732-972-1000 

The IDX display contains information sourced from the Realty Multiple Listing System, Inc. as of 2/12/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/12/2025 at 10:54 AM UTC

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