Looking for an excellent investment opportunity or a home with rental income potential? This renovated a few years back, three-family home in the heart of Paterson offers the perfect balance of convenience and functionality. Each of the three apartments offers 2 bedrooms and 1 full bathroom. Besides separate heat and electricity the home has a CCTV system. First-floor unit rented to Section 8 tenants for $1,600/month; second floor under contract to be rented to Section 8 tenants for $1,900/month, 3rd unit currently vacant and ready for your vision. The building is being sold "AS IS . Prime location near the downtown, close to all major highways, near Elementary School, Middle School, Supermarkets, shopping centers, parks, and Houses of Worship. So, whether you're looking to occupy one unit and lease the others, or add to your investment portfolio, this home offers strong income potential and versatility. Don't miss your chance to own this well-located, multi-use property. Schedule your showing today!
2,613.6 Sq Ft Exterior Space
Multi Family
$9,481 Annual Tax
Built in 1930
MLS/Listing ID 3964019
3 Units
Listing Courtesy of COREY J SCHNEIDER, COREY J SCHNEIDER
Source of Data: GARDEN STATE MLS