234 Willow Ave, Garwood Boro, NJ 07027
- 4 beds |
- 3 baths
Multi-Family Home
Built in 1942
5,663sqft lot
1 car garage
$——/sqft
Listed 12 days ago
Property Description
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.
- Listing Status:
- Active
- Listing Office:
- COLDWELL BANKER REALTY : 908-233-5555
- MLS ID:
- 3965175
- General: Carbon Monoxide DetectorCarpetingFire ExtinguisherSmoke DetectorWood Floors
- Basement: Bilco-Style DoorUnfinished
- A/C: Window A/C(s)
- Heating: 2 UnitsForced Hot AirElectricGas-Natural
This listing courtesy of COLDWELL BANKER REALTY
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Lincoln School
400 2nd Ave, Garwood, NJ, 07027
Grades PK-8
0.38 miles away
Lincoln School
400 2nd Ave, Garwood, NJ, 07027
Grades PK-8
0.38 miles away