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$ 699,000
Est. payment | /mo
4 Beds
3 Baths
6,969 Sqft Lot
$ 699,000
Est. payment | /mo
4 Beds
3 Baths
6,969 Sqft Lot
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4004125
Style 3-Three Story, Under/Over
Bedrooms 4
Full Baths 3
Annual Tax Amount $10,424
Tax Year 2024
Lot Size 6,969 Sqft
Property Description
85 Berkshire Avenue presents a turnkey three unit residential asset in Paterson. This semi attached building offers four on site parking spaces. All three apartments are renovated and fully rented with stabilized in place income. Operations are streamlined with separate utilities; an above ground oil tank provides heat to Apartments 2 and 3, and those two tenants share the fuel cost. Common owner expenses are modest and on site parking supports durable performance. The property is near the Totowa border and close to shopping, bus lines, and major roadways. A low maintenance, separately metered asset for investors seeking steady cash flow.
Location
State NJ
County Passaic
Interior
Heating Oil Tank Above Ground - Inside
Cooling Central Air
Heat Source Oil Tank Above Ground - Inside
Exterior
Exterior Feature Brick
Parking Features None
Utilities Available Electric, Gas-Natural, See Remarks
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story, Under/Over
Others
Senior Community No
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Listed by REAL