$1,300,000
Welcome to a rare turnkey investment opportunity: a 2020-built, 6-unit multifamily property fully leased at strong market rents. This modern asset offers six 1-bedroom, 1-bath residences, each thoughtfully designed with luxury vinyl plank flooring, quartz countertops, stainless steel appliances, in-unit laundry, and individual HVAC systems controlled by each tenant.The building… Read More is engineered for efficiency and durability, featuring tankless instant hot water, a full security camera system, fire sprinkler system, and split HVAC systems serving the common areas. Quality construction and low-maintenance systems translate to reduced operating costs and long-term performance.Located in Paterson, this property combines modern design, high tenant appeal, and reliable cash flow?making it an ideal addition for investors seeking a stabilized, low-maintenance asset from day one. Opportunities like this don?t come around often?secure this premium multifamily investment today. Read Less
Courtesy of COLDWELL BANKER REALTY SRV.MATTHEW O HARE, 551-286-5771
Listing Snapshot
Days Online
83
Last Updated
Property Type
Other
Square Ft.
5,000
Lot Size
0.12 Acres
Year Built
2020
MLS Number
4005403
30 Days Snapshot Of 07501
$358k
+2%
(avg) sold price
4
+300%
homes sold
114
-50%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full, Unfinished, Walkout, Yes
Building
Built in 2020
Cooling
4+ Units, Central Air
Expenses
Expenses: Electricity, Insurance, Maintenance - Exterior, Maintenance - Interior, Snow Removal, Taxes
Exterior Features
Vinyl Siding
Floors
Vinyl-Linoleum
Water Features
Public Water
Heating
Gas-Natural, 4+ Units, Forced Hot Air
Lot
Approximate Lot Size: 51X100, 0.12 acres, Level Lot
Owner Pays
Maintenance-Common Area, Snow Removal
Property
5,000 sqft building, 6 units
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $5,940, Tax Rate: 5.095
Tenant Pays
Cable T.V., Electric, Gas, Heat, Water
Utilities
Electric, Gas-Natural, Cable TV, Fiber Optic
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Marsha Bowen Washington
Realtor®

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Listing Information © Garden State MLS. All Rights Reserved.
All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.

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