100-104 3rd Ave Active

Paterson City,NJ 07514

$ 1200000

10 Beds

4 Baths

0 SqFt


Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Riverside

MLS Listing ID 3909266

Style 2-Two Story, See Remarks

Bedrooms 10

Full Baths 4

Annual Tax Amount $19,620

Tax Year 2023

Lot Size 5,227 Sqft

Property Description

This property has a great rent roll to make any purchaser happy with its return on investment. The one-family home has a rent of $2,430.00, The rear apt is rented for $2,300, The restaurant rent is $2,100, and the rear apt behind the restaurant is $2,200.00. The listing is being sold as a 4-unit property with the address of 100,102,104 3rd Ave Paterson. The total taxes for the property is $19,620.00 for all the units. The 4 garages have a total rent of $2,175.00 per month. THE CAP RATE IS CLOSE TO 11%.

Location

State NJ

County Passaic

Rooms

Basement Partial

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Heating Electric, Gas-Natural

Cooling None

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Aluminum,ConcBrd

Garage Built-In Garage, Garage Parking, On-Street Parking

Garage Spaces 4.0

Utilities Available All Underground

Roof Type Asphalt Shingle

Parking Type 2 Car Width, Blacktop, Driveway-Shared, Off-Street Parking, On-Street Parking

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story, See Remarks

Schools

High Schools Eastside

Others

Senior Community No

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