$599,999
Welcome to 427 Summer Street in the heart of Paterson ? a rare and exceptional investment opportunity! This expansive 9-bedroom, 5-bath multi-family property offers generous living space, strong income potential, and incredible versatility for investors or owner-occupants alike.Each unit features well-proportioned bedrooms, ample natural light, and functional layouts designed for… Read More comfortable living. With five full bathrooms, the property easily accommodates large households while providing convenience and privacy for tenants. The sizable interior offers flexibility for rental optimization or multi-generational living.Situated on Summer Street, this property benefits from close proximity to major highways, public transportation, shopping, schools, and local parks. Its prime location in Paterson ensures consistent rental demand and long-term growth potential.Whether you're looking to expand your portfolio or secure a high-capacity income-producing property, 427 Summer Street presents a compelling opportunity with substantial upside.Schedule your private showing today and explore the possibilities this impressive multi-family home has to offer! Read Less
Courtesy of REALTY OF AMERICA.
Listing Snapshot
Days Online
4
Last Updated
Property Type
Other
Beds
9
Lot Size
0.06 Acres
Year Built
1930
MLS Number
4009959
30 Days Snapshot Of 07501
$409k
-2%
(avg) sold price
5
+66%
homes sold
131
+67%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Finished, Yes
Building
Built in 1930
Cooling
See Remarks, Wall A/C Unit(s)
Exterior Features
See Remarks, Vinyl Siding
Water Features
Public Water
Heating
Gas-Natural, Baseboard - Hotwater, See Remarks
Lot
Approximate Lot Size: 25X100, 0.06 acres
Parking
Off-Street Parking, See Remarks
Property
2 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $8,050, Tax Rate: 5.095
Unit One
3 bedrooms, 5 bathrooms, Handicap Accessibility: No, CookGas, FireAlrm, KitExhFn, Microwav, Refrig, Sat/Ant, SecurSys, SeeRem
Unit Two
2 bedrooms, 4 bathrooms, Handicap Accessibility: No, CookGas, FireAlrm, KitExhFn, Microwav, Refrig, Sat/Ant, SecurSys, SeeRem
Utilities
Gas-Natural, See Remarks
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Chris Cafaro
Realtor®
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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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