Property Description
Two structures on one lot, Four residential units, total of 16 rooms, 8 bedrooms, 4 full bathrooms. Two out of four units renovated in the past 2 years. Well kept, Value add, Two out of four units rented well below market rents. All separate utilities. Great property with plenty of potential. One one bedroom unit , One three bedroom unit and Two two bedroom unist. Unit 1 $1750 Unit 2 $2250 Unit 3 $1150 Unit 4 $1150. Close to train station and public transportion , close to schools, shopping and major highways. Monthly gross income $6300, Yearly gross $75,000 , yearly expenses $17,548 - Net income $58,052.
Overview
Property Type
Multi-family
Location
130 Garfield Ave, Lodi Boro, NJ 07644
Year Built
1950
MLS ID
4052479
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
7
Full Bathrooms
4
Exterior
Stories
2
Water Source
Public
Utilities
Natural Gas Available
Roof
Composition
Lot Features
Level
Parking
On Street
Heat Type
Natural Gas
Sewer
Public Sewer
Security Features
Smoke Detector(s)
Details
Architecture Styles
2-Two Story, See Remarks
Financial
Price
$979,000
Real Estate Tax
$12,853/yr
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