Property
Paterson City, NJ 07501 204 Governor St
$789,000
8 more
Presented By: GOYBURU REALTY, LLC; 973-530-4056
Beds • 12- Baths • 3
Beds • 12
Baths • 3Home Details
This property presents a superior investment opportunity with three spacious apartment units, each comprising four bedrooms and equipped with separate utility meters. Tenants are responsible for gas, electricity, heat, and hot water, reducing operating costs for the owner. Two of the three units underwent full renovations in 2024, significantly increasing the property's desirability. The large backyard offers valuable outdoor space, making this asset attractive to both seasoned investors and tenants seeking high-quality rental housing.
Presented By: GOYBURU REALTY, LLC; 973-530-4056
Interior Features for 204 Governor St
Bedrooms
Total Bedrooms12
Unit 1 Beds Total4
Unit 2 Beds Total4
Unit 3 Beds Total4
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft980
Unit 2 Sq Ft980
Unit 3 Sq Ft980
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
UnitType1TotalRent2900
UnitType2TotalRent2500
UnitType3TotalRent2370
Unit 3 Fireplaces0
Unit 3 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-Partially
Fuel TypeGas-Natural
Interior AmenitiesCarbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, Smoke Detector
Other Rooms
Unit 2 Rooms6
Unit 1 Rooms6
Unit 3 Rooms6
Unit 3 Room DescriptionBedrooms, Eat-In Kitchen, Kitchen, Living Room
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Kitchen, Living Room
General for 204 Governor St
Architectural Style3-Three Story
CoolingWindow A/C(s)
CountyPassaic
DirectionsLocated just a block from Graham Avenue and a quick six-minute drive to downtown Paterson, this property offers prime access and convenience.
DriveOn-Street Parking
EasementNo
Farm AssessmentNo
Full Baths3
GarageOn-Street Parking
Gross Income90276
HeatingForced Hot Air
Home Warranty Y/NNo
Net Operating Income88776
Number Of Units Total3
Open Parking Spaces
Operating Expense1500
PossessionAt closing
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount12000
Tax Assessed Value351100
Tax Lot7
Tax Year2024
Total Rooms18
Town #2508
TownshipPaterson City
UtilitiesGas-Natural
Water HeaterGas
Year Built1980
Exterior for 204 Governor St
Exterior AmenitiesPatio
Exterior DescriptionVinyl Siding
Lot Dimensions3 FAM REVERTED FROM
Lot Size Acres0.00
Water SourcePublic Water
Additional Details
Price History
Charles Torres
Owner