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 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!
Sold for $580,000
Zillow last checked:
Listing updated:
Bought with:
Mayrening Reyes
Luxe Listings
Source: NJMLS,MLS#: 24033504
Price history
| Date | Event | Price |
|---|---|---|
| 1/17/2025 | Sold | $580,000+0.9% |
Source:  NJMLS #24033504 Report a problem | ||
| 10/23/2024 | Pending sale | $575,000 |
Source:  GSMLS #3927736 Report a problem | ||
| 10/4/2024 | Listed for sale | $575,000+26.4% |
Source: GSMLS #3927736 Report a problem | ||
| 10/5/2021 | Sold | $455,000+3691.7% |
Source: GSMLS #3744523 Report a problem | ||
| 5/3/2017 | Sold | $12,000-85.5% |
Source: Public Record Report a problem | ||
| 10/9/2007 | Sold | $83,000+50.9% |
Source: Public Record Report a problem | ||
| 11/16/2006 | Sold | $55,000 |
Source: Public Record Report a problem | ||
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$659,700
