Active

100-104 3rd Ave 4

Paterson City, 07514

$1,200,000


Active

10 Beds

4 Baths

Multi-family

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%.

3909266

MLS ID

June 20, 2024

Listed

November 22, 2024

Updated

Map

100-104 3rd Ave 4
Paterson City, 07514

Interior Features

Total Stories

2


Bedrooms

10


Total Bathrooms

4


Full Bathrooms

4


Appliances

Electric Water Heater, Gas Water Heater


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard, Electric, Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.12 Acres


Lot Features

Level


Architectual Style

2-Two Story, See Remarks


Roof

Asphalt


Sewer

Public Sewer

School Information

High School

EASTSIDE

Other Property Details

Taxes

$19,620


Tax Frequency

Annually


Days on Market

83


Garage

Yes


Garage Spaces

4


Parking

Shared Driveway, Off Street, On Street


Parking Total

4


View

No


County

Passaic


Water Source

Public


Pool

No

Listing History

Date

Event

Price

6/21/2024

Price change

$1,200,000

-90%

Courtesy of COLDWELL BANKER SUSANI REALTY with JOHN G. SUSANI,
Listing Contact:  

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