151 Spring St Under Contract

Paterson City,NJ 07501

$ 635000

9 Beds

4 Baths

29997 SqFt


Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 29,997 sqft

Price per Sqft $21

MLS Listing ID 3912824

Style See Remarks

Bedrooms 9

Full Baths 4

Year Built 1925

Annual Tax Amount $13,610

Tax Year 2023

Lot Size 2,613 Sqft

Property Description

"Unlock the doors to a lucrative investment opportunity with this well maintained 3-family residence, with a gorgeous finished basement with separate entrance in bustling Paterson, NJ. Strategically positioned for success, this property offers not just a great home but a solid investment vehicle in a prime location with easy access to Route 80.Discover unparalleled potential as the renovated 1st and 3rd units redefine nice comfortable living, setting a new standard for comfort and style. These units promise high rental yields and strong tenant appeal, ensuring a steady income stream for savvy investors.Convenience meets profitability as shopping, schools, and parks surround this promising property, attracting quality tenants seeking both comfort and accessibility. Embrace the financial rewards of multi-family ownership in an area ripe for growth and opportunity.Seize this chance to elevate your investment portfolio with a property primed for success. Schedule your showing now and take the first step towards a prosperous future in real estate."

Location

State NJ

County Passaic

Rooms

Basement Finished

Interior

Heating Gas-Natural

Cooling Wall A/C Unit(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Garage On-Street Parking

Roof Type Flat

Parking Type On-Street Parking

Building

Architectural Style See Remarks

Others

Senior Community No

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