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395 Lanza Avenue , Garfield, NJ 07026

$850,000

Detail

  • Property ID: 21009011
  • Price: $850,000
  • Year Built: 1940's
  • Property Type: 5+ Family/Mixed Use
  • Property Status: Mixed Use

Description

MOST PEOPLE KNOW A GOOD OPPORTUNITY WHEN THEY SEE IT, FEW ACTUALLY TAKE IT! INCREDIBLE INVESTMENT PROPERTY. 6 FAM WALK UP BUILDING ALL UNITS CONSIST OF 2BR,1BT,LR,EIK. POSITIVE CASH FLOW WHETHER YOU WANT TO OWNER OCCUPY OR RENT THE ENTIRE BUILDING. CLOSE PROXIMITY TO RT 46 & GARDEN STATE PARKWAY. WALKING DISTANCE TO BUS STOPS, RESTAURANTS, LAUNDROMAT, SHOPS, SCHOOLS & PARKS. CURRENTLY ALL UNITS ARE RENTED (M/M LEASES) UNDER MARKET VALUE 4 UNITS AT $1,065; 1 UNIT AT $1,130; SUPER’S UNIT AT $990. MARKET VALUE IS BETWEEN $1,300-$1,400 PER UNIT x6x12 minus GROSS EXPENSES ARE $27,391/YR = net income. THERE IS NO RENT CONTROL IN GARFIELD. PLEASE DO NOT GO DIRECT, DO NOT BOTHER THE TENANTS. VIRTUAL WALK-THROUGH ONLY. DUE TO MULTIPLE OFFERS SELLER CALLED FOR HIGHEST AND BEST DUE TUESDAY 3/23/21 6PM. THANK YOU

  • Address: 395 Lanza Avenue
  • City: Garfield
  • State/county: BERGEN / NJ
  • Zip/Postal Code: 07026
  • Country: United States

Listing provided by Keller Williams Village Square Realty

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Prominent Properties Sotheby's International Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 2024-03-29 4:00 AM. Source: New Jersey Multiple Listing Service, Inc.

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