$1,200,000
102-104 3rd AVE Paterson, NJ 07514
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Listed by John G. Susani • Coldwell Banker Susani • (973) 790-6996
$1,200,000
Est. payment /mo
10 Beds
4 Baths
UPDATED:
06/28/2024 05:00 PM
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24020016
Style 4 Family
Bedrooms 10
Full Baths 4
Annual Tax Amount $19,600
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 $19,500.00 for all the units. THE CAP RATE IS CLOSE TO 11%.
Location
State NJ
County Passaic
Area Paterson
Rooms
Basement Partial
Interior
Heating Electric, Gas, Hot Water
Fireplaces Type None
Laundry None
Exterior
Exterior Feature Aluminum, Brick
Garage Attached
Utilities Available Sep Elec, Sep Gas, Sep Heat
Waterfront Description None
View None
Building
Lot Description Irregular
Others
Senior Community No
Ownership Private
Miscellaneous Hdwd As In,Strms/Scrns
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G.K. Cheung
Broker of Record | License ID: 1120283
Broker of Record License ID: 1120283