Property

Paterson City, NJ 07501 84 Auburn St

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Presented By: COLDWELL BANKER REALTY SRV; 551-286-5771
  • MLS# 3954720
  • 04/03/2025
  • Request Tour
  • Request Info
  • Full/Half Baths • 0 / 6

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 and utilities paid by the 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 Ft0.00
Available Sq Ft0
Num 3 Bdrm Units0
Num 2 Bdrm Units0
Num 1 Bdrm Units6
BasementFull, Unfinished, Walkout
FlooringVinyl-Linoleum
Fuel TypeGas-Natural
Total Stories3

General for 84 Auburn St

Cap Rate8.00
ConstructionWood
Cooling4+ Units, Central Air
CountyPassaic
DirectionsBroadway to Auburn Street
Documents AvailableFinancial Statement, Income & Expenses, Leases
DriveNone
EasementNo
Equipment AvailableAppliances, Fire Alarm, Fixtures, Security System, Sprinkler System
Farm AssessmentNo
Gross Income117600
Heating4+ Units, Forced Hot Air
Leasable Area
Lease Information1 Year Minimum
LocationResidential Area
Net Operating Income102200
Num Apts6
Number Of Units Total6
Operating Expense15400
OwnerPaysMaintenance-Lawn, Repairs, Sewer, Snow Removal
OwnershipFee Simple
PossessionASAP
Property TypeApartment Complex
Property TypeApartment Complex
RoofAsphalt Shingle
ServicesFiber Optic
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount5940
Tax Assessed Value116600
Tax Lot10
Tax Year2024
Tenant PaysElectric, Gas, Water
Town #2508
TownshipPaterson City
UtilitiesElectric, Gas-Natural
Utilities Paid ByTenant
Year Built2020
ZoningR

Exterior for 84 Auburn St

Building Area Total4099
Exterior DescriptionComposition Siding
Lot Dimensions51X100
Lot FeaturesLevel Lot
Lot Size Acres0.12
Max Ceiling Height10
Max Door Height8
Number of Bays0
Number of Docks0
Water SourcePublic Water

Additional Details

Price History

Ebonie Clerier

Associate
Price $1,300,000
MLS#3954720
List Date 04/03/2025
Property Type Commercial
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