Don't miss this outstanding investment opportunity in a prime Paterson location. This well-maintained four-family property generates nearly $120,000 in annual gross rental income and offers an impressive 7.5% cap rate, making it an excellent addition to any investment portfolio.Each spacious unit offers approximately 1,200 square feet of living space, providing layouts that attract and retain long-term tenants. The property features separate utilities for all units, helping minimize owner expenses and maximize cash flow.Additional highlights include six off-street parking spaces, a highly desirable amenity for tenants, and a convenient location close to major highways, public transportation, shopping, restaurants, schools, and parks.
7,405.2 Sq Ft Dimensione del lotto
multifamily
1.490 USD Imposta mensile
Costruito in 1970
MLS/ID annuncio 4043571
4 Unità
Public Sewer
Public Water
COSTO MENSILE TOTALE
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