Sold!
$5,600,000
65
Beds
64
Baths
55,280
Living Area
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Property Description
Welcome to 246-262 Union Street, where an exceptional investment opportunity awaits. Presenting a meticulously maintained 64-unit apartment building. This property promises not only a lucrative return on investment but also a chance to be a part of the thriving real estate market in this vibrant city. The owner has spared no expense in updating many of the units within the building, ensuring modern amenities and comforts for residents. From refreshed interiors to upgraded fixtures, these units offer contemporary living spaces that cater to the needs of tenants. This building consists of (19) studios, (25) 1 bedrooms, and (20) 2 bedroom apartments as well as 18 garage spaces. With its updated units, diverse unit mix, and convenient amenities, this 64-unit apartment building presents an excellent investment opportunity with multiple avenues for revenue generation.
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Highlights
- Acres: 1
- Property Class: Residential Income
- Total Rooms: 99
- Status: Closed
- Parking Spots: 4
- Property Type: 5+ Family - 5+ Units Up/Down
- Year Built: 1940
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Additional Details
- Basement: Full
- Foundation: Block
- Roof: Rubber
- Year Built Details: Actual
- Zoning: R3
- Flooring: Vinyl, Hardwood
- Road Frontage Type: Public
- Total Number of Units: 64
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Laundromat, Public School
- Parking Features: Paved Drive, Off Street
- Covered Parking Spaces: 18
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $3,404,600
- Compensation Based On: Net Sale Price
- Taxes: $77,362
- Buyer Agent Compensation: 1.0%
- Tax Year: 2023
- Total Rent: $2,700
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Lock and Key Realty Inc..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
