MLS# : 26012517
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!
This listing is a courtesy of Weichert Realtors, Montclair
973-746-1515 office, listing agent Steven A. Brown, Jr.
| Homes : | $315,000 - 815,900 | 21 |
| Condos : | $179,000 - 385,000 | 14 |
| Co-ops : | - | |
| Twnhs : | $399,900 - 450,000 | 2 |
| 2-4 Fam : | $410,000 - 1,100,000 | 63 |
| 5+ Fam : | $815,000 - 7,250,000 | 6 |
| Land : | $370,000 - 1,950,000 | 3 |
| Rentals : | $1,250 - 5,000 | 69 |
| Mixd Use : | $525,000 - 7,250,000 | 13 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $85,000 - 200,000 | 5 |
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Source: New Jersey Multiple Listing Service, Inc.
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General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
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