This exceptional two-family residence at 103 Wessington Ave in Garfield, NJ, presents a significant investment opportunity. Designed for versatility, it accommodates investors, owner-occupants, or those seeking multi-generational living arrangements. The property includes five bedrooms and three bathrooms, complemented by two dedicated parking spaces. A fully finished basement enhances the living space, offering bonus rooms and an additional bathroom, significantly increasing the usable area of the home.
The home is situated on an expansive 6,436 square foot lot, providing a substantial private backyard. This outdoor space offers considerable potential for various uses, including entertaining, recreation, gardening, or the creation of a personal outdoor sanctuary. The generous lot size and backyard are notable assets, offering a level of flexibility that is often sought after in multi-family properties. The two-family configuration itself opens up multiple avenues for ownership and value realization, whether through rental income generation or accommodating extended family.
The distinct two-family layout provides several strategic advantages. Owners can choose to reside in one unit while benefiting from rental income generated by the other, or maximize overall rental revenue by leasing both units. Alternatively, the property is well-suited for multi-generational living, allowing families to reside together while maintaining separate living spaces. The inclusion of a finished basement further amplifies the property's adaptability, providing an ideal setting for a home office, recreational area, fitness space, additional storage, or supplementary living quarters.
With its inherent income potential, diverse living arrangements, dedicated parking, finished basement, and extensive outdoor space, this Garfield property offers both immediate functional versatility and the prospect of building long-term equity. The combination of ample space, adaptable living options, and income-generating capabilities positions this as a compelling multi-family opportunity in the current market.
Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair
201-450-0803
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