2212 BERGENLINE AVE new

Union City,NJ 07087

$ 1199000

- Bed

4 Baths

- SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 240020534

Full Baths 3

Half Baths 2

Annual Tax Amount $15,099

Property Description

LOCATION, LOCATION LOCATION. MIXED-USE INVESTMENT PROPERTY. ONE COMMERCIAL AND TWO RESIDENTIAL UNITS. EASY TO MANAGE AND A GREAT CASH FLOW INVESTMENT. ALL NUMBERS ARE ACTUAL AND FULLY OCCUPIED. THIS PROPERTY IS LOCATED IN ONE OF NEW JERSEY PREMIER INVESTMENT CITIES AND HIGHLY SORT AFTER BUSINESS DISTRICT. ONLY TWO MILES AWAY FROM HOBOKEN, BORDERING JERSEY CITY HEIGHTS, AND 5 MILES FROM MIDTOWN NYC WITH DIRECT TRANSPORTATION. BERGENLINE AVE IS THE MAIN COMMERCIAL DISTRICT IN UNION CITY, WHICH IS LINED WITH SHOPS AND BUSTLING WITH ACTIVITY SEVEN DAYS A WEEK. LOCATED IN AN OPPORTUNITY ZONE. RESIDENTIAL UNIT 1 COMPRISES OF 3 BEDROOMS, ONE BATH, LIVING ROOM AND EAT IN KITCHEN. RESIDENTIAL UNIT 2 COMPRISES OF 3 BEDROOMS, 1 FULL BATHS, LIVING ROOM AND EAT IN KITCHEN. COMMERCIAL SPACE IS A WELL ESTABLISHED BAKERY WITH A LONG TERM LEASE TILL 2029 WITH APPROPRIATE INCREMENTAL INCREASES. GREAT INVESTMENT OPPORTUNITY.

Location

State NJ

County Hudson

Area Union City

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