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.
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
Flat
TOTAL MONTHLY COST
$0
$0
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