NJ
Bergen
Garfield City
07026
20 Grand St
20 Grand St, Garfield City, NJ 07026
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Listing Type
Multi Family
Listing Status
Active
7
$895,000

Home Details for 20 Grand St

Price
$895,000
Type
Residential Income
Bedrooms
8
Bathrooms
4.0
Square feet
NaN
Year built
1940
Lot size acres
0.14
County
Bergen
Total rooms
12
Garage
Basement
Unfinished
Days on site
34
MLS Listing#
4006046
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.

Property Features
  • Heating Information
    • Baseboard
    • Forced Air
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Parking
    • On Street
  • Basement
    • Unfinished
Listing Courtesy: REALTY EXECUTIVES EXCEPTIONAL - 973-696-8800
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Median Listing Price
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Market statistics compiled from data from Garden State MLS.
EXIT PLATINUM REALTY
200 Claremont Ave, Montclair, NJ 07042
John Johnson III
Franchisee
Office
973 746 4777
Agent
908 338 0639
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