61 Malcolm Avenue, Garfield, NJ 07026 (MLS # 25040787)

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Listed with Enkelana Drizaj | 201-888-5018, Keller Williams Valley Realty PRICE $1,049,000 BEDS 6 BATHS 5 HOME SIZE n/a LOT SIZE n/a Request More Info Schedule a Showing

Fully leased and income-producing opportunity in the heart of Garfield. Discover a unique setup ideal for multi-generational living or the savvy investor with this two-building property featuring a single-family home and a two-family home on the same lot. A large private driveway accommodates four cars, and each unit offers separate utilities, making this a turnkey investment with easy management and low expenses.The single-family home, leased at $2,300, spans two levels and includes two bedrooms, one bath, a kitchen, in-unit utilities(paid by the tenant), washer and dryer, and additional storage space.The two-family home provides flexibility and strong income. The ground level is divided into two units;the rear offers a spacious one-bedroom apartment leased on a month-to-month basis at $1,600, with a full bath with tub, eat in kitchen, laundry- while the front includes a studio unit with its own full bath. The upper-level unit,leased at $2,800, features three bedrooms and two full baths, including a primary bedroom with double closets, two additional large bedrooms with ample closet space, an eat-in kitchen with pantry, and a bright living room with a bay window.Located in a desirable Garfield neighborhood close to shopping, schools, and transportation, this property offers steady income, low taxes, and long-term upside. Sold strictly as-is.