Don't miss this well-maintained legal 3-family property in the heart of Paterson perfect for both investors and owner-occupants seeking strong rental income with upside potential.Each unit offers approximately 580 sq ft of living space and features a functional layout including 2 bedrooms, 1 full bathroom, a living room, and an eat-in kitchen. All units come equipped with gas stoves and refrigerators, making this a true turnkey opportunity.The first-floor unit includes access to a full basement, which adds valuable bonus space featuring a full bathroom, recreation area, workshop, washer/dryer, utility sink, and ample storage ideal for extended living or additional functionality. All tenants are month-to-month, offering flexibility for rent increases or occupancy changes.Key Features: Separate utilities " 3 gas meters, 3 electric panels, 3 furnaces Baseboard heating throughout Aluminum siding exterior Washer/Dryer located in basement No central AC (window units owned by tenants) Taxes: $11,918/yearWhether you're looking to live in one unit while collecting rental income or expand your investment portfolio, this property offers solid cash flow potential and long-term value. Schedule your private showing today!
95 days
|
140
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2
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Zillow last checked:
Listing updated:
Listed by:
Steven Brown, Jr.732-877-9094,
Weichert Realtors, Montclair
Source: NJMLS,MLS#: 26012517
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4
Appliances
Laundry: In Basement
Property
Details
Parcel number: 0801311000000030
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Utilities & green energy
Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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