💰💰 OFF MARKET 💰💰 GARFIELD, NJ 💰💰 Legal 3Fam

Garfield, NJ, 07026 view full address
For Sale
Listed at: October 16th, 2024
Price
$545,000
ARV
$900,000
Gross Margin
$355,000
Sq. Footage
3129
Type
Multifamily
Parking
On street
Year build
1920
Lot size
0.06 acres
Bedrooms
7
Bathrooms
3
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

Calling all investors! Presenting an exceptional multifamily investment property located at Cambridge Avenue in Garfield, NJ. This versatile property features 4 bedrooms, with an additional office space that can easily be converted into an additional 4bedrooms and 2 baths, offering substantial living space to prospective tenants. With 2 bathrooms and ample street parking, this property is set up to maximize rental income potential.

With an asking price of $620,000 and an estimated rehab cost of $70,000, the property boasts an impressive After Repair Value (ARV) of around $900,000. This presents an incredible opportunity for investors to capitalize on the flourishing market in Garfield. The property is located in a desirable neighborhood with easy access to local amenities, schools, and public transportation, making it attractive to a broad tenant base.

Don’t miss out on the chance to enhance your investment portfolio with this promising property. Schedule a viewing today and explore the potential of 21 Cambridge Avenue as your next profitable venture!

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Hilda Saladin

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