Listing Courtesy of: 973-986-4730 - DAVID SIMONETTI - ELITE REALTORS OF NEW JERSEY
973-994-9009
$749,999
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93 FRONT ST Paterson, NJ 07522
Multi-Family
Residence
8
Beds
3
Baths
Sq. Ft.
0.07
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Huge Price Drop! Cash Flow Alert! All units vacant! This fully renovated 3-family home, just steps from the iconic Great Falls, is a true income-generating powerhouse. With brand-new everything roof, high efficiency HVAC, luxury vinyl plank floors, kitchens/appliances, bathrooms, and paint this prop...erty is a turn-key investment ready to roll.The first-floor unit offers 1 bed, 1 bath, and an estimated rent of $1,500/month. The second-floor unit features 3 beds, 1 bath, and is anticipated to rent for $2,400/month. The third/fourth-floor duplex boasts 4 beds, 1 bath, commanding $2,700/month.Total Pro Forma Rent: $6,600/month!Live in one unit and let the others pay your mortgage, or rent all three and watch your cash flow soar! This is your chance to own a prime, renovated property that's built for profit. Don't wait this gem won't last long!Check out Rent Roll Proforma Photo. This is a great investor play for cash flow or for owner occupied to pay next to nothing on their mortgage
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MLS#
3928591
Property Type
Multi-Family
Bedrooms
8
Bathrooms
3 Full
Year Built
1950
Lot Size
0.07
Stories
3.0
Sewer
Public Sewer
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