Exceptional mixed-use opportunity located on a quiet street in the heart of Union City with partial New York City views. 201 16th Street features a trendy, recently renovated caf occupying the first floor along with three residential apartments spanning the second and third levels. The third-floor unit and one of the second-floor apartments have been recently renovated, with the top-floor apartment offering partial NYC skyline views. Current rents are month-to-month, creating immediate upside potential for both investors and owner-occupants alike. A rare opportunity for a buyer to potentially occupy the third-floor unit before re-renting and take advantage of a true house-hack scenario while benefiting from income-producing units below. Fully registered with room for future rental increases, this property offers strong income potential, flexibility, and long-term value in one of Union City's most desirable and commuter-friendly locations.
Listed By
Agency Name: KELLER WILLIAMS PROSPERITY REALTY
Agency Contact: 973-696-0077
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimated Payment
$ 4,460.44 per month $2,645.93 Principal & Interest $1,467.75 Property Tax $346.76 Homeowner's Insurance
201 16th St | MLS# 4029380
This multi-family property located at 201 16th St, Union, NJ 07087 is currently listed for sale with an asking price of $1,188,880. Search Union real estate on www.joinrealtymark.net today.