NJ > Paterson
Paterson, NJ 07501,51 Mill Street
Paterson, NJ 07501,51 Mill Street
Paterson, NJ 07501,51 Mill Street
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Darrell Bailey

Darrell Bailey

+1(862) 283-1281
Listed by Roman Drukarov • Berkshire Hathaway Home Services Fox & Roach Realtors - Livingston • (973) 454-3218
$800,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Other Types

Sub Type 5+Family

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID 24031244

Style 5+Family

Annual Tax Amount $14,405

Property Sub-Type 5+Family

Property Description

Amazing opportunity in the heart of downtown Paterson - 8-bedrooms and 6-full baths. (1x) 3-bedroom, (4x) 1-bedrooms & 1 studio apartment with off street parking. A true value add investment opportunity. Under market value rents grossing $92,454 with separate utilities yielding a 8.14% cap rate. All tenants are in good standing with leases in place. There is also a large basement with plenty of storage.

Location

State NJ

County Passaic

Area Paterson

Exterior

Utilities Available Gas, Munincipal Water

Roof Type Flat

Building

Architectural Style Other

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New Jersey (NJMLS Include SOLD)
agent
Darrell Bailey

Partner Agent | License ID: 1435407

+1(862) 283-1281 | info@dbrei.com

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