$625,000

234 Willow Ave, Garwood Boro, NJ 07027

  • 4 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1942
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lincoln School

400 2nd Ave, Garwood, NJ, 07027

Grades PK-8

0.38 miles away

L

Lincoln School

400 2nd Ave, Garwood, NJ, 07027

Grades PK-8

0.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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