Fully occupied renovated 2-family property in the Riverside section of Paterson. Each unit has been updated with modern kitchens featuring stainless steel appliances including gas stove, double-door refrigerator with ice maker, microwave, tile floors, and backsplash. The first-floor unit offers Pergo flooring throughout, a pantry, and exclusive access to a partially finished basement with laundry hookups, along with exclusive use of the backyard and 3-car garage. Long-term tenants on this floor are on a month-to-month lease and consistently pay rent on time. The second-floor unit includes a large eat-in kitchen with plenty of natural light, similar finishes and appliances, a pantry, 3 bedrooms, spacious living room with closet, and an additional storage room. The tenant lease expires August 31st. Utilities are split with tenants responsible for their own PSEG (electric/gas), while the owner pays water, sewer, and insurance. The property is located near local shops, parks, restaurants, and public transportation. The neighborhood features a mix of residential and light industrial properties, providing convenient access to major roadways. Property is sold occupied, providing immediate rental income. Tenant payment history and lease terms can be provided upon request. Suitable for investors seeking steady cash flow or buyers interested in living in one unit while renting the other. Don’t wait—set your appointment today.
Other
$9,874 Annual Tax
MLS/Listing ID 25024806
Listing Courtesy of RE/MAX 100, AGATA KOWALCZYK - 973-460-8731
Source of Data: NEW JERSEY MLS
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Douglas Elliman of NJ are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 07/25/2025.
Source: New Jersey Multiple Listing Service, Inc.
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