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614 Kennedy Blvd 6 Unit Apartment Building $1,171,071 CAD ($195,178 CAD/Unit) 6.61% Cap Rate Union City, NJ 07087
EXECUTIVE SUMMARY
Discover a prime investment opportunity in the heart of Union City! This fully-rented six-family property offers stable, reliable income in a thriving community just moments from New York City. Surrounded by major retailers, diverse restaurants, parks, and a vibrant cultural scene, this property sits at the perfect intersection of urban convenience and neighborhood charm.
Union City is known for its vibrant arts, lively community events, and a rich array of culinary experiences that tenants absolutely love. This dynamic atmosphere not only enhances tenant satisfaction but also helps maintain strong occupancy rates.
Do not miss out on this opportunity! For more information or to schedule a tour, please have them contact me directly.
Union City is known for its vibrant arts, lively community events, and a rich array of culinary experiences that tenants absolutely love. This dynamic atmosphere not only enhances tenant satisfaction but also helps maintain strong occupancy rates.
Do not miss out on this opportunity! For more information or to schedule a tour, please have them contact me directly.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $1,722 CAD | - |
| 2+1 | 1 | $1,722 CAD | - |
| 2+1 | 1 | $1,736 CAD | - |
| 1+1 | 1 | $1,770 CAD | - |
| 1+1 | 1 | $1,467 CAD | - |
| 1+1 | 1 | $1,274 CAD | - |
1 1
Walk Score®
Walker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 10-00031-0000-00013 | Total Assessment | $1,910,365 CAD (2025) |
| Land Assessment | $496,199 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,414,167 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
10-00031-0000-00013
Land Assessment
$496,199 CAD (2025)
Improvements Assessment
$1,414,167 CAD (2025)
Total Assessment
$1,910,365 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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614 Kennedy Blvd
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