Overview

With great pleasure let me introduce you to 532 23rd st in Union City! This all Brick 3 family home is the opportunity so many investors have been searching for in this low inventory market. At its current rents, this investment property performs at a 5.8% cap rate with the opportunity for much more. Being located in such a renter demanded community and having public transportation to NYC, Hoboken, Jersey City only steps away, this property has all components of long-term success. All three units include 3 bed, 1 bath, kitchen, dining area, a large living room and high ceilings throughout. Unit 1 has its own outdoor space. There is a 2 car garage and a full partially finished basement with massive potential.