Union City, NJ 07087 509 Monastery Pl

Investor’s Dream in Prime Union City Location!This 4-family property with a bonus studio offers excellent rental income (all below market rent with mth to mth leases) and long-term upside in one of Hudson County’s most commuter-friendly neighborhoods—just minutes to NYC via bus or light rail, Steps from Bergenline Ave, and close to parks, shopping, and schools. The first floor features Unit 1L: 1 bedroom, 1 bath, approx rental at $1,500/month will be delivered Vacant, Unit 1R: 2 bedrooms, 1 bath, rented at $1,250/month. The second floor offers Unit 2L: 2 bedrooms, 1 bath, rented for $1,400/month, and Unit 2R: 2 bedrooms, 1 bath, rented at $1,200/month. In the rear, a bonus studio with private entrance includes 1 bedroom and 1 bath. Additional features include a shared laundry area in the basement, a bath and separate utilities for each unit, Heat & Water paid by the owner. With low taxes and strong tenant demand, this is a high-performing asset generating immediate cash flow. Whether you're house-hacking or expanding your investment portfolio, this opportunity is not to be missed!