Property
Paterson City, NJ 07501 84 Auburn St
$1,400,000
18 more
Presented By: COLDWELL BANKER REALTY SRV; 551-286-5771
Full/Half Baths • 0 / 6
SQFT • 4,099
Home Details
Welcome to your next investment gem: a turnkey 6-unit building built in 2020, fully leased at top-end rents! Each modern 1-bedroom, 1-bathroom unit features luxury vinyl plank flooring, quartz countertops, stainless steel appliances, in-unit laundry, independent HVAC systems, tankless instant hot water systems, all controlled by tenants, Enjoy the efficiency of Anderson 400 casement crank windows, double insulated walls for sound proofing and enhanced security with a full camera system throughout the property. The building also includes a sprinkler system and split air systems in the hallways for added comfort. The original owner over improved this property with extremely high-quality construction, this property offers a unique opportunity for passive income. Don't miss your chance to add this exceptionally upgraded treasure to your portfolio!
Presented By: COLDWELL BANKER REALTY SRV; 551-286-5771
Interior Features for 84 Auburn St
Bedrooms
Num 4 Bed Units
Bathrooms
Num Units w/Full Bath6
Num Units w/Half Bath
Half Baths6
Other Interior Features
Price Per Sq Ft34.00
Available Sq Ft4099
Num 3 Bdrm Units0
Num 2 Bdrm Units0
Num 1 Bdrm Units6
BasementFull, Storage, Unfinished, Walkout
FlooringVinyl-Linoleum
Fuel TypeGas-Natural
Total Stories3
General for 84 Auburn St
Cap Rate7.00
ConstructionWood
Cooling4+ Units, Central Air
CountyPassaic
Days on Market1
DirectionsBroadway to Auburn Street
Documents AvailableIncome & Expenses, Leases
DriveNone, On-Street Parking
EasementNo
Equipment AvailableAppliances, Fire Alarm, Security System, Smoke Detector, Sprinkler System
Garage Spaces
Gross Income113400
Heating4+ Units, Forced Hot Air
Leasable Area
Lease Information1 Year Minimum
LocationCorner, Residential Area
Net Operating Income98000
Num Apts6
NumberOfUnitsTotal6
Operating Expense15400
OwnerPaysMaintenance-Lawn, Repairs, Sewer, Snow Removal, Water
Percent OwnershipFee Simple
PossessionASAP
Property TypeApartment Complex
Property TypeApartment Complex
RoofAsphalt Shingle
ServicesCable TV, Fiber Optic
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount5716
Tax Assessed Value116600
Tax Lot10
Tax Year2023
Tenant PaysCable T.V., Electric, Gas
Town #2508
TownshipPaterson City
UtilitiesElectric, Gas-Natural
Utilities Paid ByTenant
Year Built2020
ZoningResidential
Exterior for 84 Auburn St
Building Area Total4099
Exterior DescriptionVinyl Siding, Wood
Lot Dimensions51X100
Lot FeaturesCorner
Lot Size Acres0.12
Max Ceiling Height9
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water
Additional Details
Price History
Jonathan Damas
Associate