Remarks

Nestled in the vibrant heart of Union City at 123 47th Street, this well-maintained 6 family property presents an exceptional investment opportunity. The building features a desirable unit mix of 3, two-bedroom, one-bathroom apartments and 3, three-bedroom, one-bathroom apartments, appealing to a wide range of tenants. A significant advantage for residents is the inclusion of tandem parking for two vehicles, a valuable amenity in this bustling urban locale. With separated gas and electric utilities you can cut that cost from operating expenses. For commuters, the property boasts excellent access to public transportation, with several bus lines conveniently located nearby, offering swift connections to New York City and other parts of New Jersey. ?Residents can reach bus stops along Bergenline Avenue, a major thoroughfare in the area. Notably, the NJ Transit Bus Route #123 is located nearby with a direct connection to Port Authority with a commute time of approximately 15-20 minutes. NJ Transit Bus Routes #84 and #86 provide access to Journal Square PATH in Jersey City and the #154, #156, and #159 offer alternative routes to New York City, catering to different destinations within Manhattan.

Details

MLS#: 250008864
Price: $1,125,000

Style: Investment

County: Hudson
Lot Size: 275
Tax Fee: 14700