200 38Th St

200 38th St, Union City, An Exceptional Mixed-Use Four-Unit Property with Multiple Income Streams in Hudson County, New Jersey. Rare opportunity to own a well-positioned 4-unit mixed-use property in the heart of Union City, featuring 2 residential units, 2 commercial spaces, garage parking, and additional basement space. The property offers strong rental potential with multiple income-producing components, making it an attractive opportunity for investors, business owners, or owner-users. The projected rent roll for this property is approaching 10k per month , with additional upside through the future repositioning of the commercial space. The longtime check-cashing tenant is expected to vacate, providing an opportunity for a new owner to secure a higher-paying tenant or utilize the space for their own business. Architectural plans are also available for a proposed 4-unit mixed-use configuration consisting of 3 residential units and 1 commercial unit, presenting additional future potential for investors or end users, subject to Town approval and applicable zoning and permitting requirements. This property also qualifies for a First-Time Homebuyer program offering current discounted interest rates at approximately 6.125%, potentially providing an attractive financing opportunity for a qualified owner-occupant. Program eligibility, rates, terms, and availability are subject to lender requirements. Property will be delivered completely vacant at closing.