$599,900
For Sale
Browse 43 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Cash Flow Machine in the Heart of Paterson!This exceptional legal three-family home is a rare find, boasting 17 rooms, 11 bedrooms, and 3 full baths an income-generating powerhouse for savvy investors or owner-occupants seeking to live rent-free! Key features include a new roof installed in 2021, updated utilities, and a renovated third-floor unit that's move-in ready.The second-floor unit is vacant, offering the perfect canvas for light updates to maximize rental income. The first-floor tenant enjoys a month-to-month lease, giving you flexibility to adapt as needed. Plus, the unfinished full basement provides endless opportunities to add even more value whether as storage, a workshop, or potential future living space.Sold strictly As Is-Where Is, inspections are for buyer's informational purposes only. Don't miss this cash cow schedule your showing today and take the first step toward financial freedom!

  • Property Details
      • Utility FeaturesAll Underground, Electric, Gas-Natural
      • Parking FeaturesOn-Street Parking
      • Basement DescriptionFull, Unfinished
      • Exterior MaterialsVinyl Siding
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • WaterPublic Water
      • Heating SourceGas-Natural
      • High SchoolROSA PARKS
      • Elementary SchoolNUMBER 10
      • Heating3 Units
      • MLS #3939077
      • MLS #3939077
      • Cost599900
      • Year Built1900
      • RoofFlat
      • BasementYes
      • Property SubtypeMUL
      • Bedrooms11
      • Structure Type3

Location

Stephen CamposReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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