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Listed by Joseph Oneal Keller Williams City Views Realty
$999,999
Est. payment /mo
15 Beds
7 Baths
Active
84-88 Jefferson ST Paterson, NJ 07522
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Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26019090
Style 4 Family
Bedrooms 15
Full Baths 7
Property Sub-Type 4 Family
Property Description
5 FAMILY! 2 2-bedroom, 1-bath units, 2 3-bedroom, 1-bath units, and 1 4-bedroom, 2-bath unit. Excellent investment opportunity with a current 8% cap that can be easily raised to 11%. A current property management company is in place if you wish to continue with them. The property consists of 2 buildings: one with 2 two-bedroom units, renovated 6 years ago, and equipped with central air. The second building consists of 3 three-bedroom units. 2 units were renovated 6 years ago, and the first-floor 3-bedroom unit was totally renovated last year, with central air added. There is a coin laundry for the residents and an extra parking lot for additional income. All have long-term tenants.
Location
State NJ
County Passaic
NEARBY SCHOOL & BUSINESS
Thomas Olsewski
Agent | License ID: PA# RS376466 and NJ# 2561002
+1(570) 526-2800 | tom@discoverpahomes.com