308 Midland Ave is a gated parking lot that provides 2 parking spaces per tenant. This property must be sold as a package deal along with 314 Midland Ave. Buyer has unbelievable potential to convert this property into a buildable income producing lot; Buyer must check with the township of Saddle Brook and perform his/her own due diligence. Income producing opportunities like 308-314 Midland Ave, Saddle Brook present tremendous upside for the right investor to claim its fullest return on investment potential. Starting with 314 Midland Avenue's great location, stands a beautifully constructed and well maintained 4 unit complex composed of a modern and solid brick exterior, and a well crafted interior. Each unit includes a spacious one bedroom apartment with roomy one bath and twin vanity, central air, hardwood and ceramic tile flooring, updated kitchen, ample closet space and more! Gross rents are under market at $64,800 with the buyer having great potential to add proper increases. Tenants pay all utilities. Close to shopping, schools, NY train, bus and all major highways. 1031 exchanges? Here's your opportunity. Income, Location, and Timing are everything when striking a deal that's worth striking. This is one of those deals. Book your safe and easy showing today.
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