$2,435,900 - 200 Summer St, Paterson City
- -
- Bedrooms
- -
- Baths
- N/A
- SQ. Feet
- 0.11
- Acres
Welcome to a rare opportunity to own a brand-new, fully vacant 7-unit investment property located in a high demand rental market. This modern multifamily building offers immediate income potential with no renovation needed and the added benefit of a long term tax abatement, maximizing your return on investment from day one. Each of the seven units features high end finishes, contemporary layouts, and energy efficient systems designed to appeal to today's renters. With all units currently vacant, investors or owner-occupants can set their own market rents ideal for maximizing cash flow. The property's strong rental income potential makes it a perfect addition to any real estate portfolio.
Essential Information
-
- MLS® #:
- 3973568
-
- Price:
- $2,435,900
-
- Acres:
- 0.11
-
- Year Built:
- 2025
-
- Type:
- Commercial
-
- Status:
- Active
Community Information
-
- Address:
- 200 Summer St
-
- City:
- Paterson City
-
- County:
- Passaic
-
- State:
- NJ
-
- Zip Code:
- 07501
Amenities
-
- Utilities:
- Gas-Natural, Electric
-
- Parking Spaces:
- 6
-
- Parking:
- Off-Street Parking, Parking Lot-Shared
Interior
-
- Heating:
- Gas-Natural
-
- # of Stories:
- 2
Exterior
-
- Exterior:
- Vinyl Siding
-
- Roof:
- Asphalt Shingle
Additional Information
-
- Date Listed:
- July 7th, 2025
-
- Days on Market:
- 4
-
- Zoning:
- residential
Listing Details
- Listing Office:
- Weichert Realtors