🔥🔥2-FAMILY INVESTMENT OPPORTUNITY IN PASSAIC COUNTY NJ🔥🔥

Passaic County, Paterson, NJ, 07503
Sold
Listed at: August 10th, 2023
Price
$350,000
ARV
$525,000
Gross Margin
$175,000
Sq. Footage
2478
Type
Multifamily
Parking
On street
Year build
1960
Lot size
0.06 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

1250 Madison Ave Paterson, NJ 07503


🔥🔥 Investment Analysis: 🔥🔥

Starting Price: $350,000 🔥🔥

Estimated Renovation Costs: $40,000 - $80,000

Projected ARV (After Repair Value): $525,000 - $550,000

Potential Profit: Up to $160,000

Potential Rent: $2,500 per Unit

2 Story Building w/ basement

2478 sqft building

4 Beds 2 Bath: 2 Bed / 1 Bath each unit

The property will be delivered VACANT

More photos coming soon!!!


NOTE: Legal Action will be taken against anyone who contacts the Seller directly Backdraft Home Solutions has a contract direct with Seller and Escrow has been opened. House is being sold as-is, and buyer is to pay closing costs & escrow fees for both Buyer & Seller side. No representations written or oral are made concerning the properties above. Buyer Must Submit non-refundable EMD within 24 hours after deadline. Buyers to do their own independent due diligence. We make no guarantees concerning property condition, value, characteristics or financial benefits. Look forward to hearing from you. Service | Integrity | Dependability

NOTE: Legal Action will be taken against anyone who contacts the Seller directly Backdraft Home Solutions has a contract direct with Seller and Escrow has been opened. House is being sold as-is, and buyer is to pay closing costs & escrow fees for both Buyer & Seller side. No representations written or oral are made concerning the properties above. Buyer Must Submit non-refundable EMD within 24 hours after deadline. Buyers to do their own independent due diligence. Goaline Homes members or employees make no guarantees concerning property condition, value, characteristics or financial benefits. Look forward to hearing from you. Service | Integrity | Dependability
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Rasheed Anderson

★★★★★
★★★★★
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Disposition manager