Great Opportunity in Paterson - Building

Passaic County, Paterson, NJ, 07514
Sold
Listed at: December 6th, 2023
Price
$1,042,000
Sq. Footage
6992
Type
Multifamily
Parking
Unassigned
Year build
2001
Lot size
0.17 acres
Bedrooms
18
Bathrooms
6
Half Bathrooms
0
Summary

 Great investment opportunity on this value-added property! This 6 unit building. Completely occupied with paying tenants. Each unit has 3b,1bth. This is a wholesale deal, cash or hard money. Let me know if you're interested. 

Purchase Price: $1,042,000

PROPERTY INFO:

CURRENT RENT MONTHLY

Unit 1: 3bd/1ba - $1,600 (market rent $2,100)

Unit 1: 3bd/1ba - $1,415 (market rent $2,100)

Unit 1: 3bd/1ba - $1,646 (market rent $2,100)

Unit 1: 3bd/1ba - $1,680 (market rent $2,100)

Unit 1: 3bd/1ba - $1,732 (market rent $2,100)

Unit 1: 3bd/1ba - $1,519 (market rent $2,100)

TOTAL CURRENT MONTHLY RENT: $9,592 (TOTAL PROJECTED: $12,600)

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Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Darrell Bailey

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Disposition manager