$549,000
Investor or house hacking opportunity at 148 N. 7th Street in Paterson! This completely vacant two-family offers potential to renovate for investment or occupy one unit and rent the other. The first floor unit features 2 bedrooms, 1 bathroom, a living room, dining room, and kitchen. The second unit spans… Read More two levels with 3 bedrooms, 1 bathroom, a living room, and kitchen. The finished basement offers bonus space with a kitchen, full bathroom, and walkout access to the backyard. Potential gross rental income of approximately $4,000/month following renovation, based on nearby advertised rents. Estimate only; not guaranteed. Buyer to independently verify rental income potential. No basement rental income is included in this estimate. The property needs cosmetic repairs and is sold strictly as-is. Buyer is responsible for obtaining the Certificate of Occupancy, required municipal inspections, and related requirements. Buyer to verify permitted uses and legal status of all finished spaces.Photo disclosure: Some photos have been digitally edited to remove personal belongings and clutter for illustrative purposes. These images may not reflect the property's current appearance or condition. Buyers should inspect the property in person. Read Less
Courtesy of REALTY OF AMERICA, DONDELL LEONARD, 908-472-8416
Listing Snapshot
Days Online
8
Last Updated
Property Type
Other
Beds
6
Lot Size
0.06 Acres
MLS Number
4061063
30 Days Snapshot Of 07522
$370k
0%
(avg) sold price
79
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Finished, Yes
Building
Built in 1600, Renovated in 2021
Cooling
Window A/C(s)
Exterior Features
Aluminum Siding, Vinyl Siding
Garage
On-Street Parking
Water Features
Gas, Public Water
Heating
Gas-Propane Owned, Baseboard - Hotwater, Radiant - Hot Water
Lot
Approximate Lot Size: 25X100, 0.06 acres
Parking
See Remarks
Property
2 units, FHA Age Restricted: No
Roof
Asphalt Shingle, See Remarks
Sewer
Public Sewer
Taxes
Annual Tax Amount: $8,776, Tax Rate: 5.335
Unit One
1 bathroom, 2 bathrooms, Handicap Accessibility: No, See Remarks
Unit Two
1 bathroom, 3 bathrooms, Handicap Accessibility: No, See Remarks
Utilities
Electric, Gas-Natural
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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.
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