$749,900
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15 LESLIE ST Paterson, NJ 07503
Multi-Family
Residence
8
Beds
5
Baths
Sq. Ft.
0.06
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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LA related to seller. 3 Family. Gut rehab in 2016 including including new electric. 2 car detached garage plus driveway for off street parking.1 block from the largest employer in Passaic County, St. Joseph's hospital. All separate utilities including separate Owner electric meter. Owner pays water ...and sewer for building. Apt #1: LR, EIK, 3BR, 2bth. Currently vacant. Market rent in area $2600. Apt #2: LR, EIK, 3BR, 2bth. Market rent in area is $2600. Apt #3: LR, EIK, 2BR, 1bth. Have not raised $1200 rent since original move in. Market rent $1900, Buyer can give notice to vacate if Owner wishes to occupy. Operating expenses include maintenance, common area electric, cold water, sewer, insurance, garbage collection, taxes. With market rents, including garage parking, gross potential rents would be $87,600. Potential net income, with market rents $73,114 and a cap rate of 9.76%. Photos are of the two vacant units.
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MLS#
3923073
Property Type
Multi-Family
Bedrooms
8
Bathrooms
5 Full
Year Built
1920
Lot Size
0.06
Stories
3.0
Sewer
Public Sewer
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