Fantastic investment opportunity in Garwood! Fully rented two-family home, each unit occupying one spacious floor. Each unit features 2 bedrooms, 1 full bathroom, a living room and a kitchen, with hardwood floors throughout. The basement offers an additional full bathroom, ample storage space along with washer/dryer hookups for each unit. Recent updates include new windows and gutters, newer furnaces and fresh new landscaping. The spacious detached garage offers versatile use, ideal for owner storage, or as a rental opportunity to generate additional income. The long driveway accommodates several cars for plenty of off street parking. Gas and electric meters are separate, with tenants responsible for all utilities, including water (the water bill is split per billing cycle). Snow removal is tenant-managed, while the landlord covers landscaping, real estate taxes, and insurance. Current annual gross rent income of $39,000, with long-term tenants on fixed leases, ensuring immediate and stable income. Ideally located near shopping, dining, and public transportation in a high-demand rental area. Don't miss this exceptional investment opportunity! Being sold strictly As-Is. HIGHEST AND BEST OFFERS DUE MONDAY JUNE 2ND AT 4PM.
Property Features
Heating Information
Electric
Forced Air
Natural Gas
Utilities
Cable Available
Natural Gas Available
Cooling Information
Window Unit(s)
Water Features
Public
Parking
Detached
Basement
Unfinished
School Information
School Information for 234 Willow Ave, Garwood Boro, NJ 07027