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$595,000 - 163 Temple St, Paterson City

-
Bedrooms
-
Baths
N/A
SQ. Feet
1925
Year Built

This property offers a lucrative investment opportunity, featuring a combination of commercial and residential units in Paterson. The property boasts a rented store on the ground floor, providing immediate rental income, along with two spacious apartments. Ground Floor Store: Currently leased, this commercial space provides a stable rental stream. First Floor Apartment: This inviting apartment comprises three bedrooms and one bath, offering comfortable living spaces for residents. Second Floor Apartment: The upper-level apartment presents an expansive layout with four bedrooms and two baths. Newly Installed Roof and Siding. Income Potential: With a rented commercial unit and two residential apartments, this property offers multiple revenue streams, making it an attractive investment opportunity with promising returns. Whether you're seeking a lucrative investment or looking to establish a home with rental income, this mixed-use property presents a compelling opportunity in the thriving community of Paterson. Schedule a viewing and explore the potential of this exceptional property.

Essential Information

  • MLS® #:
    3893132
  • Price:
    $595,000
  • Acres:
    0.00
  • Year Built:
    1925
  • Type:
    Commercial
  • Status:
    Active

Community Information

  • Address:
    163 Temple St
  • City:
    Paterson City
  • County:
    Passaic
  • State:
    NJ
  • Zip Code:
    07522-1164

Amenities

  • Utilities:
    All Underground, Electric, Gas-Natural
  • Parking:
    None

Interior

  • Heating:
    Gas-Natural
  • # of Stories:
    3

Exterior

  • Exterior:
    Vinyl Siding
  • Lot Description:
    Corner
  • Roof:
    Asphalt Shingle

Additional Information

  • Date Listed:
    March 28th, 2024
  • Days on Market:
    37
  • Zoning:
    R-3

Listing Details

  • Listing Office:
    Re/max Select

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Listing information last updated on May 4th, 2024 at 4:18pm EDT.