EXCLUSIVE - Investment -7 Units Union City

Investment Summary

Century 21 Preferred is pleased to present 2513 West St.​, a prime multifamily investment opportunity in the heart of Union City, NJ.​ This well-maintained, all-brick building consists of seven fully occupied residential units, each featuring a box layout with two bedrooms and one bathroom.​ The property generates stable rental income with strong tenant retention, making it a turnkey asset for investors seeking a secure and cash-flowing asset.​

• ​

  Property Type: Multifamily Residential

• ​

  Number of Units: 7

• ​

  Unit Mix: (7) Two-bedroom, one-bath units

• ​

  Building Condition: Well-maintained, all-brick construction

• ​

  Occupancy: 100% Fully Occupied

Financial Overview

• ​

  Gross Annual Income: $121,064

• ​

  Operating Expenses: $50,025

• ​

  Net Operating Income (NOI): $71,039

• ​

  Cap Rate: 6.5% -Cap rate is in align with Union City Marketshare

• ​

  1 Furnace- Heat is paid by owner

• ​

  2 Hot water tanks-hot water paid by owner

Investment Highlights

✔ Turnkey Asset – Fully occupied with stable cash flow from day one.
✔ Desirable Location – Union City remains a high-demand rental market, benefiting from proximity to New York City.
✔ Strong Market Fundamentals – A dense, commuter-friendly area with continuous rental demand.
✔ Low Maintenance Asset – All-brick construction with well-kept interiors and common areas.
✔ Attractive Unit Layouts – Box-style two-bedroom apartments maximize livability and rental desirability.