$6,500,000
671 Midland AVE Garfield, NJ 07026
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Listed by Halina Strzepek • EXP Realty, LLC - Saddle Brook • (201) 815-1288
$6,500,000
Est. payment /mo
Price Dropped by $400K
671 Midland AVE Garfield, NJ 07026
UPDATED:
11/14/2024 07:58 PM
Key Details
Property Type Commercial
Sub Type 5+Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24020860
Style 5+Family
Annual Tax Amount $64,133
Property 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!
Location
State NJ
County Bergen
Area Garfield
Exterior
Utilities Available Munincipal Water, Sewer
Roof Type Peaked
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