Property
Paterson City, NJ 07514 581 E 18Th St
$729,900
14 more
Presented By: NORTHEAST REALTY & MANAGEMENT LLC; 5512081848
Beds • 6
Baths • 3
Home Details
Discover the rebuilt mixed-use property with zoning B-2. This building features three fully occupied units and underwent extensive renovations in 2022, including a new roof, new masonry, and a finished basement. It boasts 3 gas meters, 4 electric meters, and 2 water meters, ensuring seamless utility management.The ground floor houses a smoke shop, while the second floor offers a 3-bedroom apartment. The third floor features a cozy 2-bedroom apartment. Located just three blocks from the Broadway Express Bus to Midtown NYC, this property offers unparalleled convenience for commuters.Don't miss out on this exceptional investment opportunity in a prime location.
Presented By: NORTHEAST REALTY & MANAGEMENT LLC; 5512081848
Interior Features for 581 E 18Th St
Bedrooms
Total Bedrooms6
Unit 1 Beds Total1
Unit 2 Beds Total3
Unit 3 Beds Total2
Bathrooms
Full Baths3
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft1000
Unit 2 Sq Ft950
Unit 3 Sq Ft800
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels3
UnitType1TotalRent2000
UnitType2TotalRent1893
UnitType3TotalRent1595
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipFire Alarm System, See Remarks
Unit 2 Appl/EquipCookGas, FireAlrm, Microwav, Refrig
Unit 3 Appl/EquipCookGas, FireAlrm, Microwav, Refrig
BasementUnfinished
Fuel TypeGas-Natural
Other Rooms
Unit 2 Rooms5
Unit 1 Rooms2
Unit 3 Rooms4
Unit 3 Room DescriptionBedrooms, Living/Dining Room, See Remarks
Unit 1 Room DescriptionBedrooms, Living Room, See Remarks
Unit 2 Room DescriptionBedrooms, Living/Dining Room, See Remarks
General for 581 E 18Th St
Architectural Style3-Three Story
CoolingWindow A/C(s)
CountyPassaic
Days on Market86
DirectionsHamilton Ave turn to 18th St
DriveOn-Street Parking
EasementNo
ExclusionsMixed- use w/ 3 income units - perfect for investor or owner occupant
Gross Income65856
HeatingBaseboard - Hotwater
Net Operating Income57356
NumberOfUnitsTotal3
Open Parking Spaces
Operating Expense8500
Possession0-30
RoofAsphalt Shingle
ServicesFiber Optic Available
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount6015
Tax Assessed Value122700
Tax Lot26
Tax Year2023
Total Rooms11
Town #2508
TownshipPaterson City
UtilitiesElectric, Gas-Natural
Year Built1963
Exterior for 581 E 18Th St
Exterior DescriptionBrick
Lot Dimensions25X102
Lot Size Acres0.06
Water SourcePublic Water
Additional Details
Price History
Chris Correira
Loan Officer