Mixed use opportunity (4 apartments and 1 retail) in the heart of downtown Paterson. 6 bedrooms and 4 full baths total. Great for both an owner occupant with a business on the ground floor or an investor looking for value add. Under market value rents grossing $48,882. Separate utilities yielding a 7% cap rate. 2 water heaters replaced in 2018, 1 replaced this year. 5 year old furnaces. Roof replaced 5 years ago. All tenants are in good standing with month-to-month agreements. Please note there's a large clean basement with plenty of storage. Property is being sold as is with lots of extras.
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