20 Grand St, Garfield, NJ 07026
- $875,000
- 8
- BD
- 4
- BA
- Sold Price
- $875,000
- Status
- CLOSED
- Days on Market
- 108
- Closing Date
- May 08, 2026
- MLS#
- 26002310
- Subtype
- 2-4 Family
- Bedrooms
- 8
- Bathrooms
- 4
- Full Baths
- 4
- Neighborhood
- 400
Property Description
Investor's dream opportunity! This fully rented 4-family property offers immediate cash flow with all units on month-to-month leases, providing maximum flexibility for rent optimization. Each unit features 2 bedrooms and 1 bathroom, with the two upper units offering an additional sitting room. The building is equipped with four separate electric meters, along with a mix of heating systems two units with forced hot air and two with baseboard heat. While the property requires updating, it presents a strong value-add opportunity to significantly increase long-term returns. Flood insurance is required. A well-underutilized asset with substantial upside potential.
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Additional Information
- Taxes
- $13,758
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Listing courtesy of Listing Agent: Todd David Behnken () from Listing Office: Realty Executives Exceptional Realtors-Wayne.
Sold listing courtesy of Listing Agent: Viktoriia Dmytruk from Listing Office: Christie's International Real Estate Group-Paramus.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ridge & Valley RE Corp. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: .
Source: New Jersey Multiple Listing Service, Inc.
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