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169-171 Malcolm Ave
Garfield, NJ 07026
Multifamily Property For Sale · 4 Units
PROPERTY FACTS
| No. Units | 4 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 2,000 SF |
| Property Subtype | Apartment | Year Built | 1910 |
| Building Class | C |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 2,000 SF |
| Year Built | 1910 |
About 169-171 Malcolm Ave , Garfield, NJ 07026
SOLIDLY BUILT 4 FAMILY BRICK BUILDING LOCATED ON A 4600 SQ FT LOT. CURRENT GROSS OF 45900 CAN BE HIGHER BC OF TOWNS NO RENT CONTROL. 3 TENANTS MONTH TO MONTH, ONE LEASE EXPIRES IN JUNE OF 2017. SEPARATE UTILITIES WITH OWNERS ONLY EXPENSES OF TAXES, INSURANCE OF APPROXIMATELY 2K, WATER/SEWER OF 500 ANNUALLY AND COMMON AREA OF 450. APARTMENTS ARE ALL IN NICE SHAPE WITH TENANTS ALL BEING THERE MULTIPLE YEARS. RUBBER ROOF INSTALLED IN 2011. 4 WASHERS AND DRYERS AS WELL AS STORAGE LOCATED IN BASEMENT. OVERALL THIS BUILDING COMES WITH LITTLE MAINTENANCE AND ALLOWS THE OWNER TO HAVE POSITIVE CASH FLOW ON A CONSISTENT BASIS. BRICK BUILDING ON A DOUBLE LOT NEAR TRANSPORTATION, SHOPPING AND MAJOR HIGHWAYS.
zoning
| Zoning Code | R-2 |
| R-2 |
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