Fully income-producing three-unit property in the heart of Union City, offering strong rental appeal and excellent long-term value. 717 16th Street is in great condition and features bright, spacious units with large open floor plan living areas that enhance tenant appeal and support strong rental performance. All three units generate… Read More steady income, and with one unit currently month-to-month, the property also provides flexibility for an owner-occupant who wants to live in one unit while collecting rent from the others. The kitchens and baths are well kept with clean, neutral updates, and the bedrooms offer comfortable spaces with solid natural light. A private backyard and on-site parking add to the desirability of the building in this high-density market. Conveniently located near major transportation, shopping, dining, and with quick access to Hoboken, Jersey City, and NYC, the property sits in a high-demand tenant corridor known for consistent occupancy and strong returns. This is an ideal opportunity for investors or buyers seeking a stable asset with income potential and occupancy options. Read Less
Courtesy of SIGNATURE REALTY NJ.
Listing Snapshot
Days Online
3
Last Updated
Property Type
Other
Beds
8
Lot Size
0.06 Acres
Year Built
1898
MLS Number
4000327
Additional Details
Basement
Finished, Full, Walkout, Yes
Building
Built in 1898
Cooling
Wall A/C Unit(s)
Exterior Features
Stucco
Water Features
Gas, Public Water
Heating
Gas-Natural, Baseboard - Hotwater
Lot
Approximate Lot Size: 25X100, 0.06 acres
Parking
1 parking space, 1 Car Width
Property
3 units, FHA Age Restricted: No
Roof
See Remarks
Sewer
Public Sewer
Taxes
Annual Tax Amount: $12,758, Tax Rate: 1.848
Unit One
1 bathroom, 2 bathrooms, 9,999 sqft, Handicap Accessibility: No, See Remarks
Unit Two
1 bathroom, 3 bathrooms, 9,999 sqft, Handicap Accessibility: No, See Remarks
Unit Three
2 bedrooms, 3 bathrooms, 9,999 sqft, Handicap Accessibility: No, See Remarks
Utilities
Electric, Gas-Natural
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