Welcome to 225 Summer St, a modern investment opportunity in the heart of Paterson! Built in 2018, this property features two spacious units, perfect for generating steady rental income.Unit 1 is a duplex with 3 bedrooms, 2.5 bathrooms, and a thoughtful layout that balances comfort and privacy. Unit 2 offers 975 sq. ft. of living space, with 3 bedrooms and 2 bathrooms ideal for various tenant needs. Both units are currently occupied by long-term tenants, generating a robust monthly rental income of $5,000.This property also boasts valuable features, including solar panels for energy savings and an attached garage, providing secure parking and additional convenience. Whether you're an investor or looking to own an income-generating property, 225 Summer St is an excellent choice. Don't miss the opportunity to make this high-yielding, low-maintenance property your own!
Open house will be held 10/20/2024 from 1PM to 5PM
Great house! Come see this well maintained multi unit house in a good location. Front apartment is like its own single family house with washer & dryer hook. Two car garage in a good location. Don't miss out on this one!
Great house! Come see this well maintained multi unit house in a good location. Front apartment is like its own single family house with washer & dryer hook. Two car garage in a good location. Don't miss out on this one!
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 property 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
Welcome to this beautifully maintained multi-family property, perfect for investors or homeowners looking for additional rental income! Nestled in a prime location of paterson, this home offers for each unit generous living spaces, with 2 bedrooms and 1 bathroom. The fully finished basement adds significant value, featuring an additional family room with a bathroom, and ample storage. Don't miss the opportunity to own this exceptional home! schedule a showing today and explore the possibilities that await you!
ESTATE SALE UPDATED 3 FAMILY ON 50X100 LOT OFF STREET PARKING NICE YARD. FIRST FLOOR UNIT HAS 3 BEDROOMS, 2 BATHS DECK OFF REAR.
Excellent opportunity to finally own a good multi-unit property. Great location quiet street off the main road close to highway, transportation and stores. Sold AS IS. No credits or repairs will be done. New roof installed within last 3 yrs! Bonus attic space plus a finished basement with full bath. Low taxes, you won't find many homes like this one! $5198 taxes for 2023. Make your offer today! One unit will be vacant at closing!
Two family on an up and coming street. one outside parking space for each tenant.
Welcome to your next investment gem: a turnkey 6-unit building built in 2020, fully leased at top-end rents! Each modern 1-bedroom, 1-bathroom unit features luxury vinyl plank flooring, quartz countertops, stainless steel appliances, in-unit laundry, independent HVAC systems, tankless instant hot water systems, all controlled by tenants, Enjoy the efficiency of Anderson 400 casement crank windows, double insulated walls for sound proofing and enhanced security with a full camera system throughout the property. The building also includes a sprinkler system and split air systems in the hallways for added comfort. The original owner over improved this property with extremely high-quality construction, this property offers a unique opportunity for passive income. Don't miss your chance to add this exceptionally upgraded treasure to your portfolio!
Completely Vacant. Waiting for you to own. Two family house waiting to be your next investment or live in and collect rent! Hardwood floors and great natural lighting. 2 Car Garage with parking for up to 3-4 cars. Basement has a half bath. Basement and attic can be finished for extra space and income. Nice fenced in yard for grilling. Ready to sell - Don't miss out on this one! Oil tank will be removed prior to closing.
This 4-family property offers great potential, featuring four separate units, each with three bedrooms, one full bathroom, a kitchen, and a living room. Each unit has its own electric and gas utilities, ensuring individual control. Located near shopping, schools, and public transportation, this property offers an excellent opportunity for investors or those looking for multi-family living in a convenient area. A versatile property with plenty of possibilities.
This spacious two-family home presents an excellent opportunity for investment or multi-family living. The first unit offers a well-designed layout with a living room, kitchen, two bedrooms, and a full bathroom, providing a cozy living space. The second unit features a larger layout with a living room, kitchen, four bedrooms, and a full bathroom, offering plenty of room for comfortable living. The property is equipped with separate electric and gas utilities, ensuring convenience for both units. Situated near local amenities, parks, and public transportation, this property is ideal for those seeking a home in a well-connected community.
Completely Vacant. Waiting for you to own. Two family house waiting to be your next investment or live in and collect rent! Hardwood floors and great natural lighting. 2 Car Garage with parking for up to 3-4 cars. Basement has a half bath. Basement and attic can be finished for extra space and income. Nice fenced in yard for grilling. Ready to sell - Don't miss out on this one! Oil tank will be removed prior to closing.
Great investment opportunity! Huge 4 family house located in Paterson. Fully rented with all separate utilities.
Amazing opportunity in the heart of downtown Paterson - 8-bedrooms and 6-full baths. (1x) 3-bedroom, (4x) 1-bedrooms & 1 studio apartment with off street parking. A true value add investment opportunity. Under market value rents grossing $92,454 with separate utilities yielding a 8.14% cap rate. All tenants are in good standing with leases in place. There is also a large basement with plenty of storage.
Don't miss this fantastic multi-family investment opportunity! This 2 bedroom over 2 bedroom rental property offers endless potential for the savvy investor or homeowner looking for additional income. With some updating, you can unlock its full value and transform it into a lucrative rental or comfortable living space. Each unit features a spacious layout, making it an ideal canvas for modern renovations. whether you're looking to expand your investment portfolio or create a dual-living arrangement, this property is a must-see. Sieze the opportunity to add value and reap the rewards - schedule a viewing today!
Don't miss this excellent opportunity to either live in and collect rent or invest in a solid legal three-family home. Each unit boasts three bedrooms, separate utilities, and there's a fenced-in yard. Tenants are currently on month to month lease. Conveniently located near shopping, transportation, and a hospital, this property is great for both homeowners and investors alike.
YOUR SEARCH ENDS HERE! Welcome to this versatile two-family home, perfect for both investors and owner-occupants! Each unit offers 3 generously sized bedrooms, 1 full bath, and comfortable living spaces. Both units have eat-in kitchens and living room. The fully refinished attic serves as a bonus recreational area with an additional full bathroom, adding extra flexibility and room for entertainment. The basement, while currently unfinished, offers potential for storage or future customization. Situated in a desirable neighborhood, this property is a great opportunity to own a spacious, adaptable home with room to grow!
Good investment property in Paterson, flexible floor plan. Second floor access to attic with two rooms and a bath.
LOCATION! Fantasitc opportunity for value add multi-family property in one of the most popular South Paterson neighborhoods! Two family plus attic provides excellent cash flow potential. First and second floor identical, 3 bedrooms 1 bath living room, kitchen. Walk up attic with bathroom. Right off Main Street, schedule your appointment today! No FHA or Conv mortgage. CASH ONLY. Needs total rehab
Welcome to this LEGAL 3 family well-maintained house that has the capability to bring in money to your pockets monthly ! The first and second floor have 3 bedrooms and 1 bath ( both units are spacious) for comfort living. The 3rd unit has 2 bedrooms, living/kitchen open concept and 1 bathroom. Do not let go of this opportunity of owning this property.
This spacious and well-maintained two-family home offers an excellent opportunity for both investors and owner-occupants. The first-floor unit features 2 bedrooms, 1 full bath, a living room, and a kitchen with laundry hookups. The second-floor unit includes 4 bedrooms, 2 full baths, open living room, and a modern kitchen with laundry hookups. With generous living spaces and separate utilities and central heat, this property is perfect for rental income or multi-generational living. Good neighborhood, close to schools, shopping, and public transportation.
The median home value in Paterson, NJ is $405,000. This is lower than the county median home value of $447,000. The national median home value is $338,100. The average price of homes sold in Paterson, NJ is $405,000. Approximately 24.68% of Paterson homes are owned, compared to 69.35% rented, while 5.97% are vacant. Paterson real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Paterson real estate agent to arrange a tour today!
Paterson, New Jersey has a population of 157,927. Paterson is less family-centric than the surrounding county with 27.19% of the households containing married families with children. The county average for households married with children is 29.96%.
The median household income in Paterson, New Jersey is $48,540. The median household income for the surrounding county is $78,386 compared to the national median of $69,021. The median age of people living in Paterson is 33.1 years.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 21.3 degrees. The average rainfall is approximately 48.9 inches per year, with 25.1 inches of snow per year.