4503 Park Ave, Union City, NJ 07087

$500,000
List Price
$500,000

Property Description

AMAZING LOCATION AND RARE INVESTMENT OPPORTUNITY ! THIS MIXED USED PROPERTY IS LOCATED ON THE MOST SORT AFTER AVENUE OF UNION CITY (PARK AVENUE) AND BORDERING NEIGHBORING WEEHAWKEN N.J.. THIS BUILDING OFFERS TWO THREE BEDROOM RESIDENTIAL APARTMENTS AND ONE COMMERCIAL UNIT. ALL FULLY RENTED, AND RESIDENTIAL IN NEED OF UPGRADES AND RENTED WELL BELOW MARKET RATES (OPPORTUNITY). LESS THAN 2 MILES AWAY FROM THE LINCOLN TUNNEL ENTRANCE, WITH EASY ACCESS TO HOBOKEN, JERSEY CITY AND MIDTOWN NYC. TWO BLOCKS FROM JFK BLVD EAST WITH CONSTANT DOORSTEP TRANSPORTATION (NJ TRANSIT) TO NYC EVERY FEW MINUTES! THIS INVESTMENT WILL NOT LAST AS THIS IS A RARE OPPORTUNITY TO BUY A MIXED USE PROPERTY ON THIS COMMERCIAL AVENUE. ANY UPGRADES PERFORMED WILL CREATE THE TREMENDOUS UPSIDE FOR THIS INVESTMENT. PRICED COMPETITIVELY AND REFLECTIVE OF RESIDENTIAL CONDITION. OFFERED AND SOLD STRICTLY “AS IS “. CONTACT AGENT FOR FURTHER DETAILS IF NEEDED.

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Listing courtesy of GARABEDIAN REALTY GROUP, LLC.

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