Address
50 Cianci St Paterson City, NJ
Price
$ 690,000
Property Attributes
- ML#3682386
- TypeCommercial
- CountyPASSAIC
- CityPaterson City
- AreaPaterson City
- Zip07501
- StyleMixedUse
- Year Built1939
- Taxes18305
- Price$ 690,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms7
- Sqr Footage5922
- Lot Size2,614 SqFt
Listing Provided Courtesy Of:
JMICHAELS REALTY , ORADELL
Property Description
Mixed-use opportunity (4 apartments and 1 retail) in the heart of downtown Paterson. 8 bedrooms and 4 full baths total. Great for both an owner-occupant with a business on the ground floor or an investor looking for value add. Under market value rents grossing $48,882. Separate utilities yielding a 7% cap rate. 2 water heaters replaced in 2018, 1 replaced this year. 5-year-old furnaces. The roof replaced 5 years ago. All tenants are in good standing with month-to-month agreements. Please note there's a large clean basement with plenty of storage. Property is being sold as-is LQ LICENSE NOT INCLUDED
| Price History | |
|---|---|
| 12/9/2020 | Listed $690,000 |
General Features
| Construction | Wood |
|---|---|
| Cooling | Wall A/C Unit(s) |
| Drive | On-Street Parking |
| Heating | Baseboard - Hotwater |
| Num Apts | 4 |
| Roof | Flat |
| Sewer | Public Sewer |
| Tax Annual Amount | 18305 |
| Total Units | 5 |
| Town # | 2508 |
| Township | Paterson City |
| Utilities | Gas In Street |
| Zoning | MIXED |
Interior Features
| Basement | Bilco-Style Door, Finished, Storage |
|---|---|
| Fuel Type | Gas-Natural |
| Num 2 Bdrm Units | 4 |
| Num Units W/full Bath | 4 |
Exterior Features
| Building Area Total | 6730 |
|---|---|
| Exterior Description | Brick/Block |
| Lot Dimensions | 25X100 |
| Water Source | Public Water |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 07501
Price
Taxes
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Year Built
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The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. and Exit Golden Realty Group. Real estate listings held by other brokerage firms are marked as IDX listing. Information deemed reliable but not guaranteed. Copyright © 2021 Garden State Multiple Listing Service, L.L.C. All rights reserved. This information is being provided for Consumer's personal, non-commercial use and may not be used for any purpose
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Exit Golden Realty Group are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data
