Introducing 471 Harrison Ave, Garfield — a fully gut-renovated 5-unit multifamily property offering a strong 5.5% cap rate and stable, consistent rental income. The building consists of four 1-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, all fully occupied with separate utilities for each apartment. Renovated just four years...
Introducing 471 Harrison Ave, Garfield — a fully gut-renovated 5-unit multifamily property offering a strong 5.5% cap rate and stable, consistent rental income. The building consists of four 1-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, all fully occupied with separate utilities for each apartment. Renovated just four years ago, the property features updated interiors, modern finishes, and a coin-operated laundry machine in the basement for added cash flow. Located in a high-demand rental area of Bergen County, this low-maintenance asset is ideal for investors seeking immediate returns and long-term value. Conveniently close to shopping, restaurants, highways, and transit options. Don’t miss this rare opportunity to acquire a fully stabilized building with solid returns in the heart of Garfield.
Listing courtesy of Prominent Properties Sotheby S International Realty-Tenafly, Jason Pierce 2015685668
New Listing
Garfield, New Jersey
Type:
Price: $1,545,000
Date Listed: 5/28/2025
Web ID: 325017959
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