Description
Excellent opportunity to add this great investment asset to your portfolio!!! Income producing commercial property with a good rate of return. This property is strategically located in one of the most commercial and heavy traffic streets in Union City. It offers 3 Commercial stores about 575 Sqft each unit on first floor, plus 500 sqft each unit for private storage in the basement (each storage is separated by a wall and has its own private entrance), new bathrooms, new flooring, updated some of the electricity and plumbing, roofing etc. The Tenants currently are in a Gross lease, each tenant pay their own Utilities (gas, hot water, electricity and heat). Rent roll: $1,863, $1,552.50 and $1,552.50. Gross yearly Income: $59,616.00 Expenses: $19,775.00, NOI: $39,841.00. This property is in great conditions it was 90% remodeled in 2019. Hurry a must see!!!!!
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N/AACRES
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31/2 BATHS
School Ratings & Info
Description
Excellent opportunity to add this great investment asset to your portfolio!!! Income producing commercial property with a good rate of return. This property is strategically located in one of the most commercial and heavy traffic streets in Union City. It offers 3 Commercial stores about 575 Sqft each unit on first floor, plus 500 sqft each unit for private storage in the basement (each storage is separated by a wall and has its own private entrance), new bathrooms, new flooring, updated some of the electricity and plumbing, roofing etc. The Tenants currently are in a Gross lease, each tenant pay their own Utilities (gas, hot water, electricity and heat). Rent roll: $1,863, $1,552.50 and $1,552.50. Gross yearly Income: $59,616.00 Expenses: $19,775.00, NOI: $39,841.00. This property is in great conditions it was 90% remodeled in 2019. Hurry a must see!!!!!
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Data last updated: 2022-08-17T08:25:47.313.