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$974,900
Est. payment /mo
8 Beds
4 Baths
29,997 SqFt
Open House
Sat Dec 13, 1:00pm - 3:00pm
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 29,997 sqft
Price per Sqft $32
MLS Listing ID 4000327
Style 3-Three Story
Bedrooms 8
Full Baths 4
Year Built 1898
Annual Tax Amount $12,758
Tax Year 2024
Lot Size 2,613 Sqft
Property Description
Fully income-producing three-unit property in the heart of Union City, offering strong rental appeal and excellent long-term value. 717 16th Street is in great condition and features bright, spacious units with large open floor plan living areas that enhance tenant appeal and support strong rental performance. All three units generate steady income, and with one unit currently month-to-month, the property also provides flexibility for an owner-occupant who wants to live in one unit while collecting rent from the others. The kitchens and baths are well kept with clean, neutral updates, and the bedrooms offer comfortable spaces with solid natural light. A private backyard and on-site parking add to the desirability of the building in this high-density market. Conveniently located near major transportation, shopping, dining, and with quick access to Hoboken, Jersey City, and NYC, the property sits in a high-demand tenant corridor known for consistent occupancy and strong returns. This is an ideal opportunity for investors or buyers seeking a stable asset with income potential and occupancy options.
Location
State NJ
County Hudson
Interior
Heating Gas-Natural
Cooling Wall A/C Unit(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Stucco
Utilities Available Electric, Gas-Natural
Roof Type See Remarks
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by SIGNATURE REALTY NJ
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