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333 47th St 8 Unit Apartment Building $1,228,879 CAD ($153,610 CAD/Unit) 6.75% Cap Rate Union City, NJ 07087



Investment Highlights
- 8 Units
- Under 25 Minutes from Manhattan
- Landlord Covers Water/Sewer and Common Area Electric
- $112K Price Per Unit
- Tenants Pay for Cooking Gas, Heat, Hot Water & Electric
- Prime location in Union City, NJ
Executive Summary
Broker of Record
Patrick Forde
License # 2330333, 122887 (NJ)
Matthews Real Estate Investment Services, Inc
300 Frank W Burr Blvd, Ste. 440, Teaneck, NJ 07666
(866) 889-0550
Patrick Forde
License # 2330333, 122887 (NJ)
Matthews Real Estate Investment Services, Inc
300 Frank W Burr Blvd, Ste. 440, Teaneck, NJ 07666
(866) 889-0550
Property Facts Under Contract
| Price | $1,228,879 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $153,610 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 5,800 SF |
| Cap Rate | 6.75% | No. Stories | 4 |
| No. Units | 8 | Year Built | 1902 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | R | ||
| Price | $1,228,879 CAD |
| Price Per Unit | $153,610 CAD |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Building Size | 5,800 SF |
| No. Stories | 4 |
| Year Built | 1902 |
| Opportunity Zone |
Yes |
| Zoning | R |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
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333 47th St
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