821 18th St, Union City, NJ 07087

$1,100,000
7
BD
5
BA

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List Price
$1,100,000
Status
ACTIVE
MLS#
26023690
Price Change
▼ $199,000 1784746592
Property Type
Multifamily
Bedrooms
7
Bathrooms
5
County
Hudson
City
Union City

Property Description

Exceptional opportunity to own a fully gut-renovated 3-family property offering income and modern finishes throughout. All three units have been completely rebuilt from the ground up featuring hardwood and tile flooring, soaring 10-foot ceilings, custom 9-foot doors, quartz kitchens with waterfall islands, floor-to-ceiling cabinetry with illuminated uppers, and beautifully appointed bathrooms. Units includes split-unit HVAC, tankless water heaters, in-unit washer/dryers, and separate utilities. Standout outdoor spaces include a private 20-foot backyard deck and an exclusive 68-foot paver patio with garden area. Off-street parking with one dedicated driveway space and one tandem space. Carrying an 11% cap rate with registered rents, this property offers investors a strong, well-documented return from day one. Located a half block from Sara M. Gilmore Academy, a Blue Ribbon K-8 school, and Jose Marti STEAM Academy, a Blue Ribbon high school, as well as the public library, NYC transportation, restaurants, and shopping. A rare, move-in-ready three-family in a premier location.

Additional Information

Taxes
$8,931

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Listing courtesy of Listing Agent: Lauren Sosa () from Listing Office: Keller Williams Park Views.

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Source: New Jersey Multiple Listing Service, Inc.
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