Union City, NJ 07087 2512 Central Ave # 1F

Back in the market with TWO VACANT units! This property has 4 apartment units in two buildings. One is located separately in the back. The asking price is based on the two vacant units without renovation. But we recommend a full renovation on both vacant apartments to get highest possible rental amount. The cap rate calculation will be best determined depending if one or two of the vacant apartments were renovated. The other two apartments are occupied. One block away from Bergenline ave and less than 30minute commute to NYC. Close to schools, restaurants, and grocery stores. The front building has two apartments. One has three bedrooms and two full bathrooms plus an extra room that could be utilized to the new owner's best needs. The other apartment has three bedrooms and one full bathroom. The building in the back has two apartments with 2 bedrooms and one full bathroom each. In between the two buildings is a private common area for all tenants for their enjoyment. The current owner offers an FHA assumable mortgage, arranged and already approved by the mortgage servicer, with a very attractive interest rate. This sale is strictly "As Is".