47 Carroll St, Paterson City NJ, 07501

Active

47 Carroll St

Paterson City NJ, 07501

$4,900,000

$375.31 per sqft

Active

13,056 sqft

Commercial

Built in 1940

Welcome to an exceptional investment opportunity at 47-49 Carroll Street in Paterson, NJ. This impressive, fully renovated, and turn-key 16-unit property offers a total of 13,056 square feet of living space, set on a 5,000 square foot lot. Each unit features a comfortable 2-bedroom, 1-bathroom layout, and the property is fully occupied, ensuring immediate rental income. Residents enjoy the convenience of on-site laundry facilities in the basement. Benefit from a 30-year tax abatement and take advantage of the property's location within an opportunity zone, aligning with Paterson's exciting revitalization efforts. An income and expense report is available upon request, providing transparency and insight into this smart investment. Don't miss your chance to be part of Paterson's promising future!

3935661

MLSⓇ ID

November 22, 2024

Listed

December 3, 2024

Updated

Map

47 Carroll St
Paterson City NJ, 07501

Interior Features

Total Stories: 4
Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: Yes
Heating Description: Forced Air, Natural Gas

Exterior/Building Features

Lot Size: 0.11 Acres
Roof: Asphalt
Sewer: Public Sewer

Other Property Details

Taxes: $9,000
Tax Frequency: Annually
Days on Market: 10
Garage: No
View: No
County: Passaic
Water Source: Public
Pool: No
Zoning: Residential

Courtesy of COMPASS NEW JERSEY LLC with DANOLY MATHELIER,
Listing Contact: 2016274947

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