$839,000
Investor alert huge income-producing 3-family located on the Eastside of Paterson featuring high ceilings throughout. Unit 1 offers 3 bedrooms, living room, kitchen, and full bath (vacant). Unit 2 features 4 bedrooms, living room, kitchen, and full bath (vacant). Unit 3 includes 4 bedrooms, living room, kitchen, and full bath… Read More (currently month-to-month). The property also offers a partially finished basement with a full bathroom and 3 bonus rooms. Utilities are fully separate with 3 boilers and 4 meters. Conveniently located near NJ Transit trains and direct NYC bus routes with easy access to major highways including I-80, Route 19, and Garden State Parkway ideal for commuters. Whether you're a first-time buyer looking to live in one unit while generating income from the others, or an investor seeking strong cash flow, this is a great opportunity. Sold as-is. Read Less
Courtesy of KELLER WILLIAMS TEAM REALTY.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Other
Beds
11
Square Ft.
3,692
Lot Size
0.06 Acres
Year Built
1700
MLS Number
4018267
30 Days Snapshot Of 07501
$358k
+2%
(avg) sold price
4
+300%
homes sold
114
-50%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Finished-Partially, Full, Yes
Building
Built in 1700, Renovated in 2024
Cooling
Window A/C(s)
Exterior Features
Aluminum Siding
Water Features
Public Water
Heating
Electric, Gas-Natural, 3 Units, Baseboard - Electric
Lot
Approximate Lot Size: 24X100, 0.06 acres
Parking
None, On-Street Parking, See Remarks
Property
3,692 sqft building, 3 units, FHA Age Restricted: No
Roof
Flat, Rubberized
Sewer
Public Sewer
Taxes
Annual Tax Amount: $14,217, Tax Rate: 5.335
Unit One
1 bathroom, 3 bathrooms, 1,220 sqft, Handicap Accessibility: No, CarbMDet, CookElec, FireAlrm, SeeRem, OvenSelf, SmokeDet
Unit Two
1 bathroom, 4 bathrooms, 1,228 sqft, Handicap Accessibility: No, CarbMDet, CookElec, FireAlrm, KitExhFn, SeeRem, OvenSelf, SmokeDet
Unit Three
1 bathroom, 4 bathrooms, 1,228 sqft, Handicap Accessibility: No, CarbMDet, CookElec, FireAlrm, KitExhFn, SeeRem, OvenSelf, SmokeDet
Utilities
Electric, Gas-Natural
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All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
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