NJ > Paterson City > Riverside
Paterson City, NJ 07514,100-104 3rd Ave
Paterson City, NJ 07514,100-104 3rd Ave
Paterson City, NJ 07514,100-104 3rd Ave
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G.K. Cheung

G.K. Cheung

+1(908) 291-1300
$1,200,000
Est. payment /mo
10 Beds
4 Baths
5,227 Sqft Lot
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UPDATED:

09/11/2024 06:04 PM

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Riverside

MLS Listing ID 3909266

Style 2-Two Story, See Remarks

Bedrooms 10

Full Baths 4

Annual Tax Amount $19,620

Tax Year 2023

Lot Size 5,227 Sqft

Property Description

This property has a great rent roll to make any purchaser happy with its return on investment. The one-family home has a rent of $2,430.00, The rear apt is rented for $2,300, The restaurant rent is $2,100, and the rear apt behind the restaurant is $2,200.00. The listing is being sold as a 4-unit property with the address of 100,102,104 3rd Ave Paterson. The total taxes for the property is $19,620.00 for all the units. The 4 garages have a total rent of $2,175.00 per month. THE CAP RATE IS CLOSE TO 11%.

Location

State NJ

County Passaic

Rooms

Basement Partial

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Heating Electric, Gas-Natural

Cooling None

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Aluminum, ConcBrd

Garage Built-In Garage, Garage Parking, On-Street Parking

Garage Spaces 4.0

Utilities Available All Underground

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story, See Remarks

Schools

High Schools Eastside

Others

Senior Community No

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COLDWELL BANKER SUSANI REALTY

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G.K. Cheung

+1(908) 291-1300

Broker of Record | License ID: 1120283

Broker of Record License ID: 1120283

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100-104 3rd Ave