332 Midland Ave

Garfield, New Jersey 07026

Multi Family

3 beds 2 baths 1 partial bath

  • Property Details

    Priced to sell! What a perfect business home investment property! Two unit income house and service garage is included in the sale! House offers: unit 1 - one bedroom, LR DR, Kit, Full bath and unit 2 - two bedrooms, Large EIK, LR, Full Bath, and laundry area. First floor unit fully renovated incl. C A, sep. utilities, bamboo floors thru out, new furnace, electric, water heater, siding, windows, and more! Second floor unit is updated with new hardwood floors and carpet. Car service station w 2 garages, 1 lift, Central Hot Air, office; can be converted to a restaurant, deli, Located on a travel road a perfect opportunity to start your own business! This is a great investment property - rental income is at $4, 200 but potentially at $4, 500. Breakdown: unit 1 $900 Mo (longterm tenant), unit 2 $1300 Mo - both under market value. Service garage rents for $2, 000 Mo- owner currently occupies but will consider renting back from buyer. Approximately 8% cap rate
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  • Additional Property Information

    This multi family listing located at 332 Midland Ave, Garfield, NJ has three bedrooms, two bathrooms and one partial bathroom. A 2 family style property, it is currently availible for $459,900.

    Features include unfinished,detached,2 car,gas,forced air,shopping mall / center,other,hardwood floors,heat,electric meters,laundry in basement,1st floor master bedroom,hot water,regular,washer/dryer hook up,near school,near park,near public transportation,single level living.

    This property is listed by WEICHERT, REALTORS® located in New Jersey.

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