$749,900
Turnkey Renovated 3 years ago - 3-Family - High Yield & Low Maintenance. Rare opportunity to own a fully gut-renovated, income-producing 3-family property in a high-demand location near Downtown Paterson. Stripped to the studs and completely reimagined, this substantial residence offers three spacious units, each featuring a modern 3-bedroom layout… Read More designed to attract premium tenants or provide comfortable owner-occupant living. High-end capital improvements include a new roof, new siding, and windows, ensuring minimal deferred maintenance and low operating expenses. Each unit showcases updated kitchens with contemporary cabinetry and durable countertops, alongside fully updated modern baths. Perfectly situated just minutes from shopping, dining, public transportation, and major highways, this property offers an unbeatable combination for commuters and investors alike. Whether you are looking for a stabilized asset or a live-in-one, rent-the-others house-hack, this property delivers immediate value and long-term durability. Just turn the key and start collecting. Read Less
Courtesy of UNITED REAL ESTATE.SERGIO LIMONTA, 973-296-6264
Listing Snapshot
Days Online
16
Last Updated
Property Type
Other
Beds
9
Lot Size
0.06 Acres
Year Built
1940
MLS Number
4016185
30 Days Snapshot Of 07501
$362k
0%
(avg) sold price
114
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full, Unfinished, Yes
Building
Built in 1940, Renovated in 2023
Cooling
See Remarks
Exterior Features
Brick, Vinyl Siding, Sidewalk
Water Features
See Remarks, Public Water
Heating
Gas-Natural, 3 Units, See Remarks
Interior Features
Carbon Monoxide Detector, See Remarks, Smoke Detector
Lot
Approximate Lot Size: 25X100, 0.06 acres, Level Lot
Parking
On-Street Parking
Property
3 units, FHA Age Restricted: No
Roof
Asphalt Shingle, See Remarks
Sewer
Public Sewer
Taxes
Annual Tax Amount: $5,286, Tax Rate: 5.335
Unit One
1 bathroom, 3 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Range/Oven - Gas, See Remarks, Smoke Detector
Unit Two
1 bathroom, 3 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Range/Oven - Gas, See Remarks, Smoke Detector
Unit Three
1 bathroom, 3 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Range/Oven - Gas, See Remarks, Smoke Detector
Utilities
Electric, Gas In Street, Gas-Natural
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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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