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345 Lanza Ave

Garfield NJ 07026

8
4
5
0.09 ac.
Multi-Family
Currently for sale - view listing

Overview

Rare opportunity to own a renovated legal 3-family with Green Card offering strong current income and long-term upside in a prime Garfield location. Well maintained and thoughtfully updated, this income-producing property features three separate units, separate utilities with 3 electric panels and 3 gas meters, and 2 separate unfinished basements for storage and mechanicals and laundry. The property also offers the rare benefit of two detached garages and additional off-street parking, enhancing tenant appeal and providing potential future income opportunities. Ideal for investors, 1031 exchange buyers, or owner-occupants seeking rental income. Current income with additional upside potential makes this an attractive long-term investment. Conveniently located near shopping, dining, transportation, major highways and NYC access. Property is located within the B-1 zone, offering additional flexibility subject to buyer verification and municipal approvals. A rare opportunity in one of Bergen County's most convenient locations.

Features

8 bedrooms
4 bathrooms
5 carspaces
2 garage spaces
0.09 ac. lot size
Multi-Family

Property history for 345 Lanza Ave

2018
Sold
$550,000
23 Oct 2018

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Local market activity for 8 bedroom multi families in Garfield

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