Homes for sale - 93 Front St, Paterson City, NJ 07522

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Jeffrey Lee

cnjhometeam@gmail.com +1(732) 991-0315

$729,999

Est. payment - /mo

8 Beds

3 Baths

2,600 SqFt

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UPDATED:

11/14/2024 06:58 PM

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $280

MLS Listing ID 3928591

Style 3-Three Story, Triplex

Bedrooms 8

Full Baths 3

Year Built 1950

Annual Tax Amount $12,375

Tax Year 2023

Lot Size 3,049 Sqft

Property Description

Huge Price Drop! Cash Flow Alert! All units vacant! This fully renovated 3-family home, just steps from the iconic Great Falls, is a true income-generating powerhouse. With brand-new everything roof, high efficiency HVAC, luxury vinyl plank floors, kitchens/appliances, bathrooms, and paint this property is a turn-key investment ready to roll.The first-floor unit offers 1 bed, 1 bath, and an estimated rent of $1,500/month. The second-floor unit features 3 beds, 1 bath, and is anticipated to rent for $2,400/month. The third/fourth-floor duplex boasts 4 beds, 1 bath, commanding $2,700/month.Total Pro Forma Rent: $6,600/month!Live in one unit and let the others pay your mortgage, or rent all three and watch your cash flow soar! This is your chance to own a prime, renovated property that's built for profit. Don't wait this gem won't last long!Check out Rent Roll Proforma Photo. This is a great investor play for cash flow or for owner occupied to pay next to nothing on their mortgage

Location

State NJ

County Passaic

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Stucco, Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle, Flat

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story, Triplex

Others

Senior Community No

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Listed by ELITE REALTORS OF NEW JERSEY

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Jeffrey Lee

+1(732) 991-0315

Broker Associate - Team Leader | License ID: 0683786

Broker Associate - Team Leader License ID: 0683786

93 Front St Paterson City, NJ 07522

Jeffrey Lee

Jeffrey Lee

Key Details

Location

Interior

Exterior

Building

Others

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93 Front St