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$849,500 - 95-99 Lyon St, Paterson City

10
Bedrooms
7
Baths
N/A
SQ. Feet
0.12
Acres

A significant opportunity for investors and homebuyers alike. This building, comprising five legal flats (the first floor is divided into two apartments, the Left side is 1 Bed 1 bath kit, living. Rented for $1,300 - the Right side is two bedrooms, one bathroom, an eat-in kitchen, and a living room -owner-occupied and willing to pay up to $1,800. It is conveniently located close to everything. Rents are under market value due to long-term tenants with no leases, and they are willing to negotiate with a new Landlord. The seller probably needs to stay for a couple of months after the closing, paying a reasonable rent, until he buys or rents a new place. The U&O agreement has to be negotiated before signing the Contract. (Deligently looking for something now) DCA (Green card) actualized, no inspection due yet. To be sold strictly AS IS condition, with no known issues, the seller won't do any repairs, and a home inspection will be ONLY for informational purposes. A substantial double garage on the Butler St side can accommodate up to 4 cars. Don't miss out on this opportunity!

Essential Information

  • MLS® #:
    3964368
  • Price:
    $849,500
  • Bedrooms:
    10
  • Bathrooms:
    7.00
  • Full Baths:
    5
  • Half Baths:
    2
  • Acres:
    0.12
  • Year Built:
    9999
  • Type:
    Multi Family
  • Style:
    ThreStry
  • Status:
    Active

Community Information

  • Address:
    95-99 Lyon St
  • City:
    Paterson City
  • County:
    Passaic
  • State:
    NJ
  • Zip Code:
    07524-2213

Amenities

  • Utilities:
    Electric, Gas-Natural
  • Parking Spaces:
    4
  • Parking:
    2 Car Width, Concrete
  • # of Garages:
    2
  • Garages:
    Detached Garage

Interior

  • Heating:
    Gas-Natural

Exterior

  • Exterior:
    Vinyl Siding
  • Roof:
    Asphalt Shingle

Additional Information

  • Date Listed:
    May 20th, 2025
  • Days on Market:
    119

Listing Details

  • Listing Office:
    Promise Land Realty

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Listing information last updated on September 16th, 2025 at 1:35pm EDT.