Property

Paterson City, NJ 07524 95-99 Lyon St

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Presented By: PROMISE LAND REALTY; 973-253-7330
  • MLS# 3964368
  • 05/20/2025
  • Request Tour
  • Request Info
  • Beds • 10
  • Full/Half Baths • 5 / 2
  • Garage • 2

Home Details

Big opportunity for investors and any home buyer as well. This building of 5 legal fams (the first floor is legally divided into 2 apartments) is located close to everything. Rents are under market value due to long-term tenants with no leases, and they are willing to negotiate with a new owner. The seller probably needs to stay a couple of months after the closing, paying a reasonable rent, until buying or renting a new place. The U&O agreement has to be accepted. (Deligently looking for something now) 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 a home inspection will be ONLY for informational purposes. A huge double garage on the Butler St side can accommodate up to 4 cars. Don't miss out on this opportunity! REDUCED FOR A QUICKER SALE. TAKE ADVANTAGE AND MAKE THIS HUGE PROPERTY YOURS NOW...!!!
Presented By: PROMISE LAND REALTY; 973-253-7330

Interior Features for 95-99 Lyon St

Bedrooms

Total Bedrooms10
Unit 1 Beds Total3
Unit 2 Beds Total1
Unit 3 Beds Total2
Unit 4 Beds Total4

Bathrooms

Half Baths2
Unit 1 Baths Total2.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Unit 4 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 4 Sq Ft0
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels2
Unit 4 Levels3
UnitType1TotalRent1300
UnitType2TotalRent1100
UnitType3TotalRent1200
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
BasementFinished, Full
Fuel TypeGas-Natural

Other Rooms

Unit 4 Rooms6
Unit 2 Rooms4
Unit 1 Rooms6
Unit 3 Rooms4
Unit 3 Room DescriptionBedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
Unit 4 Room DescriptionBedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room

General for 95-99 Lyon St

Architectural Style3-Three Story
CoolingNone
CountyPassaic
DirectionsGPS or River St, to 99 lyon st
Drive2 Car Width, Concrete
EasementUnknown
Exclusionstenant's belongings
Farm AssessmentNo
Full Baths5
GarageDetached Garage
Garage Spaces2
Gross Income
Heating4+ Units
Home Warranty Y/NNo
Net Operating Income
Number Of Units Total4
Open Parking Spaces4
Operating Expense0
Possession30-60 days
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount14775
Tax Assessed Value290000
Tax Lot1
Tax Year2024
Total Rooms20
Town #2508
TownshipPaterson City
UtilitiesElectric, Gas-Natural
Water HeaterGas
Year Built9999

Exterior for 95-99 Lyon St

Exterior DescriptionVinyl Siding
Lot Dimensions51X100
Lot FeaturesCorner
Lot Size Acres0.12
Water SourcePublic Water

Additional Details

Price History

Brian Lee

Associate
Price $875,000
MLS#3964368
List Date 05/20/2025
Property Type Multi-Family
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