$1,275,000

201 16TH ST, Union City, NJ 07087, US

Summary

Style: Investment

Moving Quotes

primary photo for 201 16TH ST, Union City, NJ 07087, US

Remarks

Introducing a prime investment opportunity in the heart of Union City on the corner of 16th and Manhattan Ave, this mixed-use building seamlessly blends commercial success with residential comfort. The ground floor boasts a thriving restaurant, Fork Hill Kitchen, providing a bustling atmosphere for patrons and ensuring a steady stream of income for investors. Upstairs, discover 3 updated and spacious 2 bedroom and 1 bath apartments, each designed for modern living. The apartments offer a perfect balance of style and functionality, attracting potential tenants seeking contemporary comforts. With separate gas and electric utilities for each unit, the new owner won't have to worry about unnecessary carrying costs. Recent upgrades include a two-year-old roof and two brand-new water heaters. This turnkey investment opportunity promises a lucrative return, combining a successful restaurant venture with updated residential spaces in a prime location. Investors looking for a diversified and profitable asset should seize this chance to capitalize on the thriving potential of this mixed-use gem.

Details

MLS#: 240000861
Price: $1,275,000

Style: Investment

County: Hudson
Lot Size: 27
Tax Fee: 16529

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Broker Contact


EXP REALTY LLC
28 VALLEY ROAD
MONTCLAIR, NJ, 07042
US
Jeffrey Kist
! (866) 201-6210
! NJ.BROKER@EXPREALTY.NET

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Hudson County Multiple Listing Service
Last updated: 2024-06-04T19:26:02.000-04:00.
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