$799,000
RARE Investment Opportunity! Exceptional income-producing multi-family property featuring 3 units, each with its own electrical meter, plus a fully finished walkout basement offering additional living space complete with a second full kitchen, full bathroom, and 4 versatile flex rooms with windows that provide abundant natural light. Each of the units… Read More offers 2 bedrooms, 1 full bathroom, a spacious living room, dining room, eat-in kitchen, and a private rear patio, making this an ideal opportunity for investors and owner-occupants alike.Situated on a generous lot, the property also includes a 2-car garage and an expansive backyard that backs directly to the Passaic River, providing picturesque water views and a unique setting just moments from the renowned Paterson Great Falls National Historical Park.Ideally located with convenient access to Route 80, Route 19, public transportation, and New York City, the property is also minutes from shopping, dining, schools, parks, and everyday conveniences.Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this well-maintained property offers exceptional flexibility, strong income potential, and long-term value. Don't miss your chance to own a standout multi-family investment in a highly desirable, commuter-friendly location. Read Less
Courtesy of REAL.
Listing Snapshot
Days Online
14
Last Updated
Property Type
Other
Beds
8
Lot Size
0.14 Acres
Year Built
1900
MLS Number
4042158
30 Days Snapshot Of 07522
$600k
+31%
(avg) sold price
1
0%
home sold
351
+631%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Finished, Yes
Building
Built in 1900
Cooling
See Remarks, Wall A/C Unit(s)
Exterior Features
Brick, Deck, Metal Fence, Patio, See Remarks
Garage
2 garage spaces, Detached Garage, See Remarks
Water Features
Gas, Public Water
Heating
Gas-Natural, 1 Unit, Radiators - Hot Water, See Remarks
Interior Features
Wood Floors
Lot
Approximate Lot Size: 50 X 125, 0.14 acres
Parking
2 parking spaces, 2 Car Width
Property
3 units, FHA Age Restricted: No
Roof
Asphalt Shingle, See Remarks
Sewer
Public Sewer
Taxes
Annual Tax Amount: $18,144, Tax Rate: 5.335
Unit One
1 bathroom, 2 bathrooms, Handicap Accessibility: No, Range/Oven - Gas, Refrigerator
Unit Two
1 bathroom, 2 bathrooms, Handicap Accessibility: No, Range/Oven - Gas, Refrigerator
Unit Three
1 bathroom, 2 bathrooms, Handicap Accessibility: No, Range/Oven - Gas, Refrigerator
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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