$525,000
Looking for an excellent investment opportunity or a home with rental income potential? This renovated a few years back, three-family home in the heart of Paterson offers the perfect balance of convenience and functionality. Each of the three apartments offers 2 bedrooms and 1 full bathroom. Besides separate heat and… Read More electricity the home has a CCTV system. First-floor unit rented to Section 8 tenants for $1,600/month; second floor under contract to be rented to Section 8 tenants for $1,900/month, 3rd unit currently vacant and ready for your vision. The building is being sold AS IS . Prime location near the downtown, close to all major highways, near Elementary School, Middle School, Supermarkets, shopping centers, parks, and Houses of Worship. So, whether you're looking to occupy one unit and lease the others, or add to your investment portfolio, this home offers strong income potential and versatility. Don't miss your chance to own this well-located, multi-use property. Schedule your showing today! Read Less
Courtesy of COREY J SCHNEIDER, COREY J SCHNEIDER, 973-472-3909
Listing Snapshot
Days Online
25
Last Updated
Property Type
Other
Beds
6
Lot Size
0.06 Acres
Year Built
1930
MLS Number
3964019
30 Days Snapshot Of 07501
$300k
0%
(avg) sold price
40
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Unfinished, Yes
Building
Built in 1930
Cooling
None
Exterior Features
Vinyl Siding
Water Features
See Remarks, Public Water
Heating
Gas-Natural, 3 Units
Interior Features
See Remarks
Lot
Approximate Lot Size: 25X100, 0.06 acres
Parking
On-Street Parking
Property
3 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $9,481, Tax Rate: 5.095
Unit One
1 bathroom, 2 bathrooms, Handicap Accessibility: No, See Remarks
Unit Two
1 bathroom, 2 bathrooms, Handicap Accessibility: No, See Remarks
Unit Three
1 bathroom, 2 bathrooms, Handicap Accessibility: No, See Remarks
Utilities
Electric, Gas-Natural, Cable TV Available
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Mortgage Calculator
Monthly Payment
$0
Margaret Pauta
Real Estate Agent

Thank you for reaching out! I will be able to read this shortly and get ahold of you so we can chat.
~MargaretPlease Select Date
Please Select Type
Similar Listings
Listing Information © Garden State MLS. All Rights Reserved.
All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.

Confirm your time
Fill in your details and we will contact you to confirm a time.

Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.