Property
Paterson, NJ 07505 242-244 Main
$1,459,000
14 more
Presented By: Woo H. Choi with Alpine MC Realty LLC - 201-429-2999
Home Details
Solid 6 Story Mixed-use building, 1Retail, five apartments, located on Main St., the busiest street in Paterson. This building has great potential to increase income. The current rent is below the market value. Current income is $119,400. Each floor is $1800 Sqft. Huge size. You can make a 3-bed apartment on each floor. This building has true value. The potential income will exceed $200,000. Section 8 in Paterson for a 3-bed $2550. Retail ( Cell phone store), four(4) apartments are updated. Separated heating, the 6th floor is vacant. Full basement.
Presented By: Woo H. Choi with Alpine MC Realty LLC - 201-429-2999
Interior Features for 242-244 Main
Other Interior Features
Heating Y/NNo
General for 242-244 Main
CityPaterson
CoolingGas
CountyPASSAIC
HOANo
HeatingBaseboard, Natural Gas
Lease Considered Y/NNo
OwnershipPrivate
Property SubtypeRetail
Property TypeCommercial Sale/Lease
RoomsNone
Standard StatusActive
StatusActive - Active
Tax Annual Amount37076.0
UtilitiesSep Elec, Sep Gas
Waterfront FeaturesNone
Additional Details
Price History
Brian Lee
Associate