Property
Paterson City, NJ 07501 400 Summer St
$689,900
Presented By: BLUE RIBBON REALTY; 973-636-2110
Beds • 6
Baths • 4
Home Details
Fantastic investment income producing property. 4 family home with two 2bedroom apartments and two 1 bedroom apartments fully leased. Separate utilities. New roof 3 yrs ago. All units in very good condition. Annual rent $59,112. NOI $47,351
Presented By: BLUE RIBBON REALTY; 973-636-2110
Interior Features for 400 Summer St
Bedrooms
Total Bedrooms6
Unit 1 Beds Total2
Unit 2 Beds Total1
Unit 3 Beds Total2
Unit 4 Beds Total1
Bathrooms
Full Baths4
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Unit 4 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft1000
Unit 2 Sq Ft850
Unit 3 Sq Ft1000
Unit 4 Sq Ft850
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
Unit 4 Levels1
UnitType1TotalRent1607
UnitType2TotalRent950
UnitType3TotalRent1469
Unit 4 Fireplaces0
Unit 4 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 4 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 3 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
BasementBilco-Style Door, Unfinished
Fuel TypeGas-Natural
Other Rooms
Unit 4 Rooms3
Unit 2 Rooms3
Unit 1 Rooms4
Unit 3 Rooms4
Unit 3 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
Unit 4 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
General for 400 Summer St
Architectural Style2-Two Story
Building #400
CoolingWindow A/C(s)
CountyPassaic
Days on Market14
DirectionsNorton St to Summer
DriveOn-Street Parking
EasementNo
Exterior FeaturesPatio, Wood Fence
Farm AssessmentNo
Gross Income59112
Heating4+ Units
Home Warranty Y/NNo
Interior FeaturesCarbon Monoxide Detector, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors
Net Operating Income47351
Open Parking Spaces
Operating Expense
Possession0-30
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Street NameSummer St
Subdivision NameSandy Hill
Tax Annual Amount8438
Tax Assessed Value172100
Tax Lot2
Tax Year2023
Total Rooms14
Total Units4
Town #2508
TownshipPaterson City
UtilitiesAll Underground
Water HeaterGas
Year Built1940
Exterior for 400 Summer St
Exterior DescriptionVinyl Siding
Lot Dimensions25X75
Lot FeaturesCorner
Lot Size Acres0.04
Water SourcePublic Water
Additional Details
Price History
Tina Torres
Broker/Owner