$1,250,000
For Sale

1505 Summit Avenue

Union City, NJ 07087
#25009141
Browse 17 photos
Type:Purchase
Structure:5+ Family
Zone:Residential

Description

Great opportunity to acquire a desirable 6 unit asset. Composed of one bedroom and two bedroom units adds great value in gross rents, with low expenses yielding a 6% plus cap rate makes this opportunity much more than an average purchase. Building has been remodeled, some units  and has updated utilities, well maintained water heaters and boilers. Near public transportation to NY, highways, schools, shopping, parks and restaurants.

  • Property Details
      • Date ListedMarch 29, 2025
      • Property SubtypeRes/Com Mixed
      • Original List Price$1,250,000
      • Property TypePurchase
      • MLS #25009141
      • MLS #25009141
      • Cost1250000

Location

Legal

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Julio Gallardo are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. 

All information deemed reliable but not guaranteed. Last date updated: 01/09/2023

2023 New Jersey Multiple Listing Service, Inc. All rights reserved.  

Last Updated: . Source: NJMLS

Listing Courtesy
Listing Agent: 445288 (#445288), Phone: (862) 208-9478, Email: jorgeaviles@prismregroup.com
Listing Office: Prominent Properties Sotheby's International Realty-Englewood Cliffs (#57445)

Julio GallardoReal Estate Group
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    © 2025 City Living Realtors. All rights reserved.
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    The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2023, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.

    The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Julio Gallardo are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. 

    All information deemed reliable but not guaranteed. Last date updated: 01/09/2023

    2023 New Jersey Multiple Listing Service, Inc. All rights reserved.  

    The data relating to real estate for sale on this website comes in part from the IDX Program of Garden
    State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as
    IDX Listing. Information deemed reliable but not guaranteed. The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

    Copyright © 2023 Garden State Multiple Listing Service, L.L.C. All rights reserved.

    © Monmouth Ocean Regional MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

    IDX information for Hudson Multiple Listing Service is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.