

























Property Attributes
- ID#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
Data Source:
Garden State MLS
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 |
Property Type | Mixed Use, Restaurant/Bar |
Property Type | MixedUse |
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