Multi-Family $ 0

313 18TH ST

Union City, NJ 07087

  • 8 Beds
  • 3 Baths
    Full Baths: 3
  • - Year Built
Investors, your search is over for your next turnkey property. 313 18th st in Union City is a fully occupied, rent-controlled 3-family property offering a stable and turnkey investment opportunity. Unit 1 is a 2 bed/1 bath and units 2 & 3 are 3 bed/1 bath each. Located in Union City, near the Weehawken border and just off Palisade Avenue, the property provides convenient access to Hoboken, the Lincoln Tunnel, and nearby shops and retail. The building generates $7,850 per month in fully registered rental income, with all tenants paying rent on time via ACH. Each unit features in-unit laundry, modern upgrades, and efficient systems. Recent capital improvements totaling over $100,000 include a full basement remodel with new floors, insulation, and a redesigned backyard with drip irrigation, plus a new roof, high-efficiency boiler, and tankless water heater. All three leases are active through mid-2026 to 2027, offering immediate, reliable cash flow with minimal maintenance. With a 7% cap rate, this one won't last.
Listed by EXP REALTY LLC

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type 3 Family

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID 250023582

    Bedrooms 8

    Full Baths 3

    HOA Fees $3/mo

    Annual Tax Amount $11,562

    Property Sub-Type 3 Family

  • Location

    State NJ

    County Hudson

    Area Union City

  • Rooms

    Basement Partial Finish

  • Interior

    Heating Hot Air, A/C Wall, Gas

    Cooling Hot Air, A/C Wall, Gas

  • Exterior

    Exterior Feature Brick

    Parking Features None

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CONTACT

Darren Giordano
Darren Giordano

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