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$899,000 - (Undisclosed Address), Paterson City

-
Bedrooms
-
Baths
9,999
SQ. Feet
0.12
Acres

Investors' dream! This building of 5 apartments is fully occupied. Located in the heart of Paterson, close to everything. Rents are under market value due to long-term tenants with no leases and willing to negotiate with a new owner. The seller needs to stay a couple of months after the closing, paying a reasonable rent, until buying or renting a new place. U&O agreement has to be accepted. DCA (Green card) actualized, no inspection due yet. To be sold strictly AS IS condition, with no known issues, the seller will not do any repairs, and if an inspection is requested, it will be ONLY for informational purposes. The huge double garage on Butler St side belongs to the property. Don't wait to check it out; it won't last on the Market.

Essential Information

  • MLS® #:
    3957165
  • Price:
    $899,000
  • Square Footage:
    9,999
  • Acres:
    0.12
  • Year Built:
    9999
  • Type:
    Commercial
  • Status:
    Active

Community Information

  • Address:
    N/A
  • City:
    Paterson City
  • County:
    Passaic
  • State:
    NJ
  • Zip Code:
    07524-2213

Amenities

  • Utilities:
    Electric, Gas-Natural
  • Parking Spaces:
    5
  • Parking:
    2 Car Width

Interior

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

Exterior

  • Exterior:
    Vinyl Siding
  • Roof:
    Asphalt Shingle

Additional Information

  • Date Listed:
    April 16th, 2025
  • Days on Market:
    23
  • Zoning:
    residential

Listing Details

  • Listing Office:
    Promise Land Realty

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Listing information last updated on May 9th, 2025 at 1:33pm EDT.