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This property offers a lucrative investment opportunity, featuring a combination of commercial and residential units in Paterson. The property boasts a rented store on the ground floor, providing immediate rental income, along with two spacious apartments. Ground Floor Store: Currently leased, this commercial space provides a stable rental stream. First Floor Apartment: This inviting apartment comprises three bedrooms and one bath, offering comfortable living spaces for residents. Second Floor Apartment: The upper-level apartment presents an expansive layout with four bedrooms and two baths. Newly Installed Roof and Siding. Income Potential: With a rented commercial unit and two residential apartments, this property offers multiple revenue streams, making it an attractive investment opportunity with promising returns. Whether you're seeking a lucrative investment or looking to establish a home with rental income, this mixed-use property presents a compelling opportunity in the thriving community of Paterson. Schedule a viewing and explore the potential of this exceptional property.
| DAYS ON MARKET | 31 | LAST UPDATED | 3/28/2024 |
|---|---|---|---|
| YEAR BUILT | 1925 | COMMUNITY | Paterson |
| COUNTY | Passaic | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Paterson |
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding, Wood Siding |
| HEAT | Baseboard, Natural Gas |
| LOT DESCRIPTION | Corner Lot |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 10286 |
| UTILITIES | Natural Gas Available, Underground Utilities |
| WATER | Public |
| ZONING | R-3 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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