201 16th Street
201 16th Street
$1,398,000
6
3
1
—
—
—
Description
Introducing a prime investment opportunity in the heart of Union City on the corner of 16th and Manhattan Ave, this mixed-use building seamlessly blends commercial success with residential comfort. The ground floor boasts a thriving restaurant, Fork Hill Kitchen, providing a bustling atmosphere for patrons and ensuring a steady stream of income for investors. Upstairs, discover 3 updated and spacious 2 bedroom and 1 bath apartments, each designed for modern living. The apartments offer a perfect...Introducing a prime investment opportunity in the heart of Union City on the corner of 16th and Manhattan Ave, this mixed-use building seamlessly blends commercial success with residential comfort. The ground floor boasts a thriving restaurant, Fork Hill Kitchen, providing a bustling atmosphere for patrons and ensuring a steady stream of income for investors. Upstairs, discover 3 updated and spacious 2 bedroom and 1 bath apartments, each designed for modern living. The apartments offer a perfect balance of style and functionality, attracting potential tenants seeking contemporary comforts. With separate gas and electric utilities for each unit, the new owner won't have to worry about unnecessary carrying costs. Recent upgrades include a two-year-old roof and two brand-new water heaters. This turnkey investment opportunity promises a lucrative return, combining a successful restaurant venture with updated residential spaces in a prime location. Investors looking for a diversified and profitable asset should seize this chance to capitalize on the thriving potential of this mixed-use gem.
- Listed by DEAN CLARK • EXP REALTY LLC
Property Details for 201 16th Street
Architectural Style
Other-See Remarks
Type Of ParkingNone
AreaUnion City
Heating & CoolingA/C Window, Baseboard, Gas
Location
LISTING UPDATED: 04/01/2024 02:37 PM
Property Details for 201 16th Street
Status | Active |
---|---|
MLS # | 240000858 |
Days on Market | 112 |
Taxes | $16,529 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 3-4 FAMILY / 4 Family |
Year Built | - |
Lot Size | 0.04 AC / 1,581 SF |
County | Hudson County |
Location
Building Information for 201 16th Street
Stories-Residences-Year Built-Building Size-Lot Size0.04 AC / 1,581 SF
Payment Calculator
$9,007 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 201 16th Street
Property History for 201 16th Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 201 16th Street
Taxable ValueLand$103,400Additions$111,600Total$215,000
Tax Record2022$15,934 ($1,328 / month)
Home Facts
Total Finished SqFt3,359 SqFtAbove Grade Finished SqFt3,359 SqFtStories2Lot Size1,581 SqFtStyleMiscellaneous CommercialYear Built1913CountyHUDSONAPN10 00181-0000-00027
Schools near 201 16th Street
This home is within Union City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 1 to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Thomas A. Edison Elementary School PublicPK to 6 | ||
Sara M. Gilmore Academy Public1 to 8 | ||
Emerson Middle School Public6 to 8 | ||
Union City High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.