$6,900,000
Off Market

671 Midland Avenue

Garfield, NJ 07026
Type:Purchase
Structure:5+ Family
Zone:Residential

Description

Large apartment complex featuring 25 one-bedroom units (975 sq ft each) on two stories with storage possibilities in basement. Properties includes a large parking lot for 26 cars to accommodate tenants and guests, as well as newly added lighting to the lot. The property has seen several recent upgrades - new paint to the walls and doors and new flooring with washer/dryer and AC split systems in select units, new gym, front and back decks, laundry room (coin operated adds extra income) and bathroom in basement, new roof (3 years old), new electrical boxes, hot water heaters, and fire alarm up to code. Entry and All units are metered separately. Tenants pay all utilities. Located right across from train station and bus stops allowing quick and efficient travel locally within New Jersey and other major cities such as New York and Pennsylvania. This property is the perfect value-add opportunity for savvy investors!

  • Construction Details
      • Property TypePurchase
      • Style5+Family
      • Substyle5-25
    • Condition
      • Year Built1980's, Renovated
  • Community and Neighborhood Details
      • CountyBERGEN
  • Financial Details
      • Taxes Annual$64,133
  • Other
      • MLS #24020860

Location

Keepsake Commercial RealtyReal Estate Group