Union City, NJ 08070 2512 Central Ave

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