107 Jersey St

paterson, NJ 07501-1718

$650,000

  • 6 BR
    2 BA, 1 HALF BA
  • contract signed

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Cash Cow Investment Opportunity - Prime Corner Lot! Welcome to your next income-generating powerhouse! This mixed-use, corner-lotproperty offers three separate units, making it the perfect opportunity for investors or owner-occupants looking to offset their mortgage with rentalincome. Offering two spacious residential units. Both are 3 bedroom apartments with separate utilities, providing steady rental income and attractinglong-term tenants. The ground-floor unit is currently a cafe primarily serving light meals and beverages, ensuring immediate cash flow. This high-visibility location guarantees strong business potential. Recently modernized, reducing maintenance headaches and maximizing efficiency. Just offRoute 80 with Route 19 crossing right over, ensuring easy access. Only minutes from St. Joseph's University Medical Center, a hub for professionalsseeking quality rentals. Whether you're an investor or a savvy buyer, this high-traffic, high-demand property is your ticket to financial success. Don'tmiss out schedule your showing today! Ground level can only be commercial*

Details

871.2 Sq Ft Exterior Space

Multi Family

$10,704 Annual Tax

Built in 1940

MLS/Listing ID 3948947

3 Units

Listing Courtesy of ADDISON REAL ESTATE, KIMBERLY BARRETO

GSMLS

Source of Data: GARDEN STATE MLS

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