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Photo of 2512 Central Avenue, Union City NJ
2512 Central Avenue
Union City, NJ 07087
Bedrooms
11
Full Baths
5
Heating
Gas
Cooling
Gas
Basement
Full,Unfinished
Taxes (2022)
$14,355
Additional Details Below

Description

Back in the market with TWO NEWLY VACANT units! 4 apartments in 2 buildings. The asking price is based on the two vacant units. CAP RATE will be an estimated 7.5% once the two units are renovated and rented by the new owner. One block away from Bergenline ave and less than 30 minute commute to NYC. Close to schools, restaurants, and grocery stores. Come and see ...A rare opportunity in today's real estate market. The front building has two apartments with 3 bedrooms each. One has 1 bath and the other with 2 full baths. The other building is located directly behind and has 2 apartments with 2 bedrooms and 1 bath each. In between the two buildings is a private common area for all tenants for their enjoyment where their barbecue grills are located. The current owner offers an FHA assumable mortgage, arranged and already approved by the mortgage servicer, with a very attractive interest rate. For cap rate worksheet, See the attached. This sale is strictly "As-Is". Buyer is responsible to obtain certificate of occupancy.

Room Details

Living Room
4
Dining Room
4
Kitchen
4
Full Baths
5

Location

Listing Details

Interior Features
Basement

Full, Unfinished

Exterior Features
Exterior Features

Brick

Utilities
Cooling

Gas on Gas

Heating

Gas on Gas

Miscellaneous

Assessment : 0
Zoning: M
Lattitude :
Longitude :
MLS# : 240006088
Views : 9
Listing Courtesy: RAMON 24000 of EREALTY ADVISORS, INC.

Notes

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