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126 MacArthur Ave, Garfield, NJ, 07026

4beds
3baths
1,440sqft
$835,000
$580price/sqft
$5,968/moest. monthly cost
$238,720/yrincome needed

About This Home

**PRIME 2-FAMILY INVESTMENT OPPORTUNITY IN GARFIELD, NJ!** Great for investors or first-time buyers seeking rental income! Discover this versatile 2-family home, ideal as a lucrative investment property or a smart entry for first-time buyers who want built-in rental assistance to offset mortgage costs. Generate multiple income streams with ease! Key features: spacious layout with 4 bedrooms and 3 full bathrooms [on each floor] " perfect for large groups or high-yield tenants. Income potential with current rents below market value, offering instant upside. Single-car garage is currently rented separately [$650/month]. Separate utilities for hassle-free management. Outdoor upgrade includes brand-new patio for relaxation or tenant appeal. Prime location with walking distance to public transportation, parks, schools, shopping, and places of worship " everything you and/or your tenants need! **LOW TAXES** - Keep more of your profits with affordable property taxes. This property screams multiple revenue streams " live in one unit, rent the other [and the garage!], or lease both for maximum ROI [$5,450/month currently for entire home and garage]. Don't miss out on this turnkey gem in a convenient Garfield neighborhood! Be sure to preview the 3-D virtual tour and Seller's Property Condition Disclosure for more info! Present all offers with pre-approval and/or proof of funds. SCHEDULE YOUR PRIVATE APPOINTMENT NOW!

Getting Around

86
WalkingVery Walkable
48
TransitSome Transit
37
BikeSomewhat Bikeable

Schools

9/10
Roosevelt School No 7Grades PK-50.2 mi
4/10
Garfield Middle SchoolGrades 6-81.5 mi
3/10
Garfield High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1910

Materials

  • Roof: Flat
  • Construction materials: Aluminum Siding

Notable Dates

  • Major remodel year: 2021

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bedrooms,Dining Room,Kitchen,Living Room,Rec Room,Ceiling Fan(s)
  • Flooring: Tile,Vinyl-Linoleum Floors,Wood

Heating

  • Heating features: 2 Units,Baseboard - Electric,Zoned,Radiators - Hot Water,Electric,Natural Gas

Interior Area

  • Total structure area: 1,440
  • Total interior livable area: 1,440 sqft

Property

Details

  • Parcel number: 1121000460000000010000
  • Zoning description: R-2
  • Exclusions: Personal belongings

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Curbs,Sidewalk

Lot

  • Lot size: 4,791 sqft
  • Features: Corner Lot,Level
  • Lot size dimensions: 5000 SF

Parking

  • Total spaces: 1
  • Parking features: 1 Car Width,Concrete Strip,On Street,Detached Garage,Garage,On-Street Parking
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes