$575,000
Welcome to 225 Summer St, a modern investment opportunity in the heart of Paterson! Built in 2018, this property features two spacious units, perfect for generating steady rental income.Unit 1 is a duplex with 3 bedrooms, 2.5 bathrooms, and a thoughtful layout that balances comfort and privacy. Unit 2 offers… Read More 975 sq. ft. of living space, with 3 bedrooms and 2 bathrooms ideal for various tenant needs. Both units are currently occupied by long-term tenants, generating a robust monthly rental income of $5,000.This property also boasts valuable features, including solar panels for energy savings and an attached garage, providing secure parking and additional convenience. Whether you're an investor or looking to own an income-generating property, 225 Summer St is an excellent choice. Don't miss the opportunity to make this high-yielding, low-maintenance property your own! Read Less
Courtesy of KW CITY LIFE JC REALTY.
Listing Snapshot
Days Online
85
Last Updated
Property Type
Other
Beds
6
Lot Size
0.06 Acres
Year Built
2018
MLS Number
3927736
30 Days Snapshot Of 07501
$312k
-22%
(avg) sold price
3
0%
homes sold
82
-43%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
No
Building
Built in 2018
Cooling
Central Air
Exterior Features
Vinyl Siding
Garage
1 garage space, Attached Garage
Water Features
Gas, Public Water
Heating
GasNatur, SolarOwn, Forced Hot Air
Lot
Approximate Lot Size: 25X100, 0.06 acres
Parking
2 parking spaces, 1 Car Width
Property
2 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $2,113, Tax Rate: 4.903
Unit One
3 bedrooms, 3 bathrooms, 975 sqft, Handicap Accessibility: No, Range/Oven - Gas, Refrigerator
Unit Two
2 bedrooms, 3 bathrooms, 975 sqft, Handicap Accessibility: No, Range/Oven - Gas, Refrigerator
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Chris Cafaro
Realtor®
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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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