100-104 3rd Ave Active Save Request In-Person Tour Request Virtual Tour
Paterson City,NJ 07514
Key Details
Property Type Multi-Family
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
Interior
Heating Electric, Gas-Natural
Cooling None
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
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Schools
High Schools Eastside