Listed price in listed location currency (USD).
$2,150,000

000

MLS® 26026901

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage 
Taxes $19,381
Days Active 0
Lot Size 
Approx. Age 
MLS® Number 26026901

Property Address: 275 Grand Ave, Leonia, NJ, 07605-2318

Average square foot calculated using Size range provided by listing agent.

Description

This turnkey, fully occupied 6-unit multifamily building (zoned A-3 on a 7, 700 sq. ft. lot) offers strong cash flow and immediate rental strength in a premium, high-demand location. Unit Mix & Condition Layout: Consists of five high-demand, spacious 2-bedroom units and one cozy 1-bedroom unit, optimized for stable tenant retention. Renovations: Four of the six units have been recently updated with modern finishes to capture top-of-market rents immediately. Key Infrastructure & Capital Upgrades Zero Deferred Maintenance: Major capital improvements have already been completed, protecting the buyer's bottom line from unexpected expenditures. Safety & Security: Features a brand-new, modernized fire sprinkler system (lowering insurance premiums) and a new intercom system. Parking & Drainage: Includes a newly paved parking lot with 13 off-street spaces (over a 2:1 parking-to-unit ratio) and an engineered professional drainage system to protect the foundation. Exterior: Classic, durable brick facade that translates to minimal ongoing maintenance costs. With all major structural, safety, and unit upgrades already completed, this asset represents a rare, low-management investment opportunity perfect for portfolio growth or 1031 exchange buyers.
MLS® Number26026901
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 16, 2026List Date
$2,150,000List Price
  • Commute

Commute

Starting Address
Destination Address
275 Grand Ave, Leonia, NJ

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