201 16th St, Union City, NJ 07087 | MLS 240000858 | Listing Information | Berkshire Hathaway HomeServices McGeehan & Pineiro Realty | Berkshire Hathaway HomeServices McGeehan & Pineiro Realty
FOR SALE
$1,398,000  

201 16th St
Union City, NJ 07087

Fourplex, Multi-Family
Residential
6
Beds
3
Baths
+
1 Half
N/A
Acre Lot
Courtesy: EXP REALTY LLC, OFC: 866-201-6210Office Phone:866-201-6210
Introducing a prime investment opportunity in the heart of Union City on the corner of 16th and Manhattan Ave, this mixed-use building seamlessly blends commercial success with residential comfort. The ground floor boasts a thriving restaurant, Fork Hill Kitchen, providing a bustling atmosphere for patrons and ensuring a steady stream of income for investors. Upstairs, discover 3 updated and spacious 2 bedroom and 1 bath apartments, each designed for modern living. The apartments offer a perfect balance of style and functionality, attracting potential tenants seeking contemporary comforts. With separate gas and electric utilities for each unit, the new owner won't have to worry about unnecessary carrying costs. Recent upgrades include a two-year-old roof and two brand-new water heaters. This turnkey investment opportunity promises a lucrative return, combining a successful restaurant venture with updated residential spaces in a prime location. Investors looking for a diversified and profitable asset should seize this chance to capitalize on the thriving potential of this mixed-use gem.
240000858
Fourplex, Multi-Family, Other
6
Hudson
3 Full/1 Half
Aluminum siding
Bathrooms
3
1
Total:4
Interior Features
Cooling
Window Unit(s)
Heating
Gas Heat, Electric Heating. Baseboard.
Basement
Full, Unfinished
Exterior / Lot Features
Parking
1 Garage Spaces.
Exterior
Aluminum
Lot Dimensions
31x51
Financial Considerations
$16,529
Courtesy: EXP REALTY LLC, OFC: 866-201-6210Office Phone:866-201-6210
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