This income-producing three-unit property is situated in a desirable Midland Park location, offering a strong rental profile and significant versatility. The residence is configured to provide distinct living spaces, catering to various occupancy needs. The property is located at 340 Godwin Ave, Midland Park, NJ 07432.
One of the units features two bedrooms and one full bathroom, with hardwood flooring throughout. This unit includes a spacious living room and an updated eat-in kitchen. The second level houses the two bedrooms. Residents of this unit benefit from convenient access to a separated portion of the basement, which provides dedicated laundry facilities and storage space. The property also includes a second-floor studio apartment with an updated kitchen and a full bathroom, as well as an additional first-floor studio apartment that includes a kitchen, rear yard access, and access to its own separated basement area.
The property offers practical amenities designed for convenience and appeal. A driveway provides off-street parking for up to four vehicles. Yard space is also available, adding to the property's overall desirability. The separate basement areas offer additional functionality and storage, a valuable feature often not found in multi-unit properties. A charming covered porch welcomes visitors and enhances the classic curb appeal of the home, which was originally built in 1902.
The location provides close proximity to essential amenities, including schools, downtown shops, and restaurants. Commuters will appreciate the nearby bus transportation options, offering convenient access to New York City. With a current monthly gross rent roll of $4,915, this well-positioned property presents an established income stream and potential for long-term growth. This offering represents an excellent opportunity for an investor looking to expand their portfolio or an owner-occupant seeking a versatile multi-unit property within one of Bergen County's sought-after communities.
Mission Realty LLC
201-359-5843
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