$749,900
15 Leslie St Paterson City, NJ 07503
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$749,900
Est. payment /mo
8 BD
5 BA
2,613 Sqft Lot
Under Contract
15 Leslie St Paterson City, NJ 07503
UPDATED:
11/12/2024 11:41 AM
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 3923073
Style 3-Three Story
Bedrooms 8
Full Baths 5
Year Built 1920
Annual Tax Amount $7,947
Tax Year 2023
Lot Size 2,613 Sqft
Property Description
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.
Location
State NJ
County Passaic
Rooms
Basement Full
Interior
Interior Features Carbon Monoxide Detector, Fire Extinguisher
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Garage Detached Garage
Garage Spaces 2.0
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Parking Type 2 Car Width
Building
Lot Description Corner, Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by WEICHERT REALTORS
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