2803-2805 Palisade Avenue

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Address: 2803-2805 Palisade Ave, Union City, NJ 07087, USA
Created date: June 18, 2024
Date last updated: June 18, 2024
  • Strategically Located just miles from NYC
  • Ideal for "Add Value" asset contribution from ownership
  • Annual Rental Increases of 3% per year

Property Description

The Elia Realty Group (ERG) and Ryan Cooper powered by KW Commercial, are proud to present an exciting new opportunity to own this (x6) unit income producing investment sale. Explore the potential of this exceptional 6-unit multi-family investment property nestled in the heart of Union City, NJ. Ideal for new entrants into the market or seasoned investors with a diverse portfolio, this property promises both immediate returns and long-term appreciation. Investment Highlights: Diverse Unit Mix: Catering to varied tenant needs with a well-balanced assortment of 1, 2, and 3-bedroom units. Proximity to Urban Amenities: Enjoy the convenience of nearby shopping, dining, and public transportation options. Proven Track Record: A lucrative investment with a history of stable rental income. Ideal for: New Investors: A perfect entry point into the lucrative multi-family real estate market. Seasoned Investors: A strategic addition to a portfolio seeking stable returns and future appreciation.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $949,000
No. of Units: 6
Year Built: 1913
Lot Size: 0.07 Sq ft
Opportunity Zone: No
Price per unit: $158,167
Property Website Click Here
Address: 2803-2805 Palisade Ave, Union City, NJ 07087, USA
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