20 Grand St, Garfield City, NJ 07026
20 Grand St, Garfield City, NJ 07026
20 Grand St, Garfield City, NJ 07026
20 Grand St, Garfield City, NJ 07026
20 Grand St, Garfield City, NJ 07026
20 Grand St, Garfield City, NJ 07026
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$ 895,000
Est. payment | /mo

8 Beds

4 Baths

6,098 Sqft Lot


Save
$ 895,000
Est. payment | /mo
Save

8 Beds

4 Baths

6,098 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 4006046

Style 2-Two Story

Bedrooms 8

Full Baths 4

Year Built 1940

Annual Tax Amount $13,758

Tax Year 2024

Lot Size 6,098 Sqft

Property Description

Investor?s dream opportunity! This fully rented 4-family property offers immediate cash flow with all units on month-to-month leases, providing maximum flexibility for rent optimization. Each unit features 2 bedrooms and 1 bathroom, with the two upper units offering an additional sitting room. The building is equipped with four separate electric meters, along with a mix of heating systems?two units with forced hot air and two with baseboard heat. While the property requires updating, it presents a strong value-add opportunity to significantly increase long-term returns. Flood insurance is required. A well-underutilized asset with substantial upside potential.

Location

State NJ

County Bergen

Rooms

Basement Bilco-Style Door, Unfinished

Interior

Interior Features Carbon Monoxide Detector, Smoke Detector

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Brick

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Others

Senior Community No

Garden State MLS(GSMLS)
Listed by REALTY EXECUTIVES EXCEPTIONAL

Nearby Locations

Matthew De Fede

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(862) 228-0554

matthewdefede@realtyexecutives.com

653 Franklin Ave, Nutley, NJ, 07110, USA

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20 Grand St