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705 8th Street

Union City NJ 07087

6
3
Duplex
Currently for sale - view listing

Overview

Don't miss this opportunity to own a fully renovated three-family home in Union City! Enter into each of these newly updated units and you are welcomed with a bright living room, gorgeous hardwood floors, and an open-concept right into the eat-in kitchen. The kitchens boast modern finishes, including white cabinets, a breakfast bar, and stainless steel appliances. Each unit has 2 sizable bedrooms, and 1 updated bathroom. Unit 1 is rented for $2,500 and the lease was renewed on May 1. Units 2 and 3 are each rented for $2,000, with leases ending in August. Potential to increase rental income to market value! Separate utilities, with new hot water heaters and furnaces, and a newer roof. Near public transportation to NYC, access to major highways, schools, shops/restaurants, and more! Also buyer can assume the mortgage and the 2.5% interest rate if they meet the lender’s assumption requirements! Seller pays water and sewer but tenants pay electric,heat, and hot water since each unit has their own boiler and water heater.

Features

6 bedrooms
3 bathrooms
Duplex

Property history for 705 8th Street

2021
Sold
$709,000
05 Feb 2021
2019
Sold
$296,400
22 Nov 2019

Happy sellers in Union City

90%
90% of sellers in Union City reported that their sale price either exceeded or met their price expectations.

Union City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Union City over the last 12 months.

Local market activity for 6 bedroom duplexes in Union City

In the last 12 months, 8 six-bedroom duplexes similar to 705 8th Street, have been sold.

This represents a 34% increase in six-bedroom duplexes sales when compared to the previous 12 months.

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(619) 566-0008
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