Sold

133 37TH ST

Union City NJ, 07087

$505,000


Sold

3 Beds

Multi-family

Calling all investors and aspiring "house hackers": This is your chance to finally get in on the real estate boom with a renovated two-family property priced under $500k! Projected 6.5% cap rate and low taxes. Investors looking for a "turnkey" cash-flowing rental property can rent out the fully renovated first unit, while collecting rent from Day 1 from the tenant upstairs. First-time buyers looking to live in one unit and rent out the other can lower their housing costs from the start. All the work was done for you! Unit 1 features a new kitchen and bathroom, hardwood floors, and two well-proportioned bedrooms. It also includes access to a partly finished and dry basement, with another full bathroom, washer/dryer hookups and a bonus room that could be used for storage or as a home office for unit 1 occupants. Unit 2 is a well-maintained 1 bedroom with an updated bathroom and hardwood flooring currently rented for $1,412 per month. Both units feature stainless steel appliances, including a dishwasher. The location is unbeatable. Take advantage of the bus stop half a block away and a 15-minute bus ride to Port Authority, the new Lidl supermarket around the corner, and proximity to many local shops, restaurants, bars, and cafes. This is as close to a no-brainer as you'll find in today's market. But hurry, at this price point, it won't last! Schedule a private showing today.

210020396

MLS ID

March 13, 2024

Updated

Map

133 37TH ST
Union City NJ, 07087

Interior Features

Bedrooms

3


Full Bathrooms

3


Fireplace

No


Cooling

Yes


Cooling Description

A/C Window


Heating

Yes


Heating Description

Electric, Baseboard

Exterior/Building Features

Architectual Style

Contemporary

Other Property Details

Area Name

Union City


Days on Market

9


Garage

No


Parking

None


View

No


County

Hudson


Pool

No

Courtesy of COMPASS NEW JERSEY, LLC with ,
Listing Contact: 201-683-0955 

The IDX display contains information sourced from the Realty Multiple Listing System, Inc. as of 3/13/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 3/13/2024 at 3:20 PM UTC

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