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83 Broadway

paterson, NJ 07505-1119

$1,598,000

    Interested? Let's Connect

    Spacious mixed-use investment opportunity located in the heart of vibrant downtown Paterson. This over 9,000 sq ft building features seven total units, including three 3-bedroom apartments, three 2-bedroom apartments, and a large street level storefront with excellent visibility and foot traffic.The property offers strong income potential, with projected rents of up to $20,000 per month. Ideal for investors seeking a high-yield asset in a growing commercial corridor, close to public transportation, shops, restaurants, and major highways.The storefront is currently vacant, presenting a prime opportunity for an owner-user to operate their own business while collecting rental income from the residential units, or for an investor to secure a substantial income producing property in a prime location.

    Details

    9,100 Sq Ft

    2,178 Sq Ft Lot Size

    commercial

    $33,438 Annual Tax

    Built in 9999

    MLS/Listing ID 4008801

    4 Stories

    7 Units

    Amenities & Features

    Flat

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