2113 West Street
Union City, NJ 07087
This beautiful 2-family free-standing Colonial was beautifully gut-renovated 4 years ago. It is not subject to any kind of rent control. The current market rents equate to a Cap Rate of 6.6%. Tenant in Unit 2 is on a month-to-month lease, so you can raise rent upon purchase. CAN BE DELIVERED VACANT AS SOON AS November 2022. Each unit has a desirable outdoor space, in-unit washer/dryer, and ring doorbell systems. Additional storage space in basement. 2 small-car dedicated parking spaces in front of the building. The first floor apartment has 1 bedroom and 1 bathroom with direct access to the backyard which has a beautiful shade tree and paving stones. Second floor unit has 2 bedrooms and 2 full bathrooms, one of which is a large En-Suite. It has a fireplace and a steel deck that is about 6x10 shaded well by the stunning shade tree in the yard. All utilities billed separately except the sewer. Gas-fired heater, Mini-split A/C and split-heat-pump system. Unit 1 Rent is currently $1950 due to COVID reduction, but market would easily allow raising to $2250 Unit 2 Rent is currently $2100 due to COVID reduction, but market would easily allow raising to $2400
Listing Details for 2113 West Street
MLS Number : 220009551
Listing Courtesy: COMPASS NEW JERSEY, LLC
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