$559,000
Excellent opportunity to own a fully renovated 3-family property in Paterson, NJ! Completely gutted and renovated in 2020, this income-producing property offers peace of mind with major updates already completed, including newer electrical, plumbing, roof, furnaces, and hot water heaters.Each of the three spacious units features 2 bedrooms, a living… Read More room, a kitchen, and a full bathroom, providing comfortable layouts that attract quality tenants. The property also offers separate utilities and separate meters, allowing tenants to pay their own gas, electric, heat, and water expenses, maximizing your return on investment.Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property is truly a turnkey cash cow with nothing left to do but collect rent. Conveniently located near shopping, schools, public transportation, and major highways. Read Less
Courtesy of EXP REALTY, LLC.
Listing Snapshot
Days Online
5
Last Updated
Property Type
Other
Beds
6
Lot Size
0.06 Acres
Year Built
1700
MLS Number
4041187
30 Days Snapshot Of 07501
$508k
+16%
(avg) sold price
2
+100%
homes sold
60
-48%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Unfinished, Yes
Building
Built in 1700, Renovated in 2020
Cooling
Window A/C(s)
Exterior Features
Aluminum Siding
Garage
On-Street Parking
Water Features
Public Water
Heating
Electric, Gas-Natural, 3 Units
Interior Features
Carbon Monoxide Detector, Fire Extinguisher
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: $7,207, Tax Rate: 5.335
Unit One
1 bathroom, 2 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector
Unit Two
1 bathroom, 2 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector
Unit Three
1 bathroom, 2 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector
Utilities
Electric, Gas In Street
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
Chris Cafaro
Realtor®
Thank you for reaching out! I will be able to read this shortly and get ahold of you so we can chat.
~ChrisPlease 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.