Property
Paterson City, NJ 07524
$780,000
3 more
Presented By: PROMISE LAND REALTY; 973-253-7330
Full/Half Baths • 0 / 5- SQFT • 9,999
- Garage • 5
Full/Half Baths • 0 / 5
SQFT • 9,999
Garage • 5Home Details
Investors' dream! This building, of 5 apartments, is fully occupied and located in the heart of Paterson, close to everything. Rents are under market value due to long-term tenants, but they are willing to negotiate with a new Landlord. The seller needs to stay for a couple of months after the closing, paying a reasonable rent, until he buys or rents a new place. The U&O agreement has to be negotiated before signing a Contract. DCA (Green card) actualized, no inspection due yet. To be sold strictly AS IS condition, with no known issues, the seller will not do any repairs, and if an inspection is requested, it will be ONLY for informational purposes. The double garage on the Butler St side belongs to the property. Seller preffers CASH OFFERS, but a Conventional Loan with at least 30% down, could also be entertained.
Presented By: PROMISE LAND REALTY; 973-253-7330
Interior Features for
Bedrooms
Num 4 Bed Units
Bathrooms
Num Units w/Full Bath5
Num Units w/Half Bath
Half Baths5
Other Interior Features
Price Per Sq Ft0.00
Available Sq Ft9999
Num 3 Bdrm Units1
Num 2 Bdrm Units2
Num 1 Bdrm Units2
BasementFinished, Full
FlooringCarpeting, Laminate, Wood
Fuel TypeElectric, Gas-Natural
Total Stories3
General for
ConstructionWood
CoolingWall A/C Unit(s)
CountyPassaic
Documents AvailableNo Documents Available
Drive2 Car Width, See Remarks
EasementUnknown
Equipment AvailableAppliances, Fire Alarm, Smoke Detector, Storage Area(s)
Farm AssessmentNo
Garage Spaces5
Heating4+ Units
Leasable Area
LocationCorner, Residential Area
Num Apts5
Number Of Units Total5
OwnershipFee Simple
Permitted UseApartments building
Possession30-60 days
Property TypeApartment Complex, See Remarks
Property TypeApartment Complex
RoofAsphalt Shingle
ServicesCable TV Available, Fiber Optic
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount14775
Tax Assessed Value290000
Tax Year2024
Town #2508
TownshipPaterson City
UtilitiesElectric, Gas-Natural
Utilities Paid ByTenant
Year Built9999
Zoningresidential
Exterior for
Building Area Total9999
Exterior DescriptionVinyl Siding
Lot Dimensions51X100
Lot FeaturesCorner
Lot Size Acres0.12
Max Ceiling Height6
Max Door Height6
Number of Bays0
Number of Docks0
Number of Doors0
Total Parking5
Water SourcePublic Water
Additional Details
Price History
Tina Torres
Broker/Owner