Listed by Peter Boutros EXP Realty, LLC
Bought with Richard Hartnett Modern Realty Group

$730,000

Est. payment -/mo

$735,000

0.7%

Est.Price: ?

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402 River DR Garfield, NJ 07026

2 Baths

SOLD DATE : 09/26/2024

Key Details

Sold Price $730,000

Property Type Multi-Family

Sub Type 3 Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 23027975

Sold Date 09/26/24

Style 3 Family

Full Baths 2

Property Sub-Type 3 Family

Property Description

7% Cap Rate! Stunning turn key investment opportunity. First floor has 1,600 SF of commercial space ready for a restaurant or office space. The commercial space has central heat, AC and commercial Hood and freezer included. There are 2 fully renovated residential units above. The second floor has 2 bedrooms 1 bath, the 3rd floor has 1 bedroom 1 bath. Both apartments include sound proof floors which is a great plus. Everything was renovated, including new roof, siding, heating units, windows, floors plumbing and electric. Pictures were taking before tenants moved in.