Active
Multifamily
305 Pacific St
Paterson City, NJ 07503
Beds
4
$519,900
NEW OPPORTUNITY IN SOUTH PATERSON! Spacious 2-family home offering an excellent opportunity for both owner-occupants and investors. Each unit features 2 bedrooms, living room, kitchen and full bath. One unit is currently VACANT, giving a new owner the flexibility to move right in or select their own tenant. The occupied… Read More unit currently generates $2,000 per month, with estimated market rents of approximately $2,000 - $2,200 per unit. Additional features include separate utilities, a full unfinished basement with full bathroom, and a private backyard. Live in one unit while collecting rental income from the other, or rent both units for potential gross rental income of approximately $4,000 - $4,400 per month. Convenient South Paterson location near shopping, transportation and major roadways. Bring your ideas and make this 2-family property work for you. Schedule your showing today! Read Less
Listing Snapshot
Days Online
9
Last Updated
Property Type
Other
Beds
4
Lot Size
0.06 Acres
Year Built
1940
MLS Number
4055002
30 Days Snapshot Of 07503
$401k
-15%
(avg) sold price
3
-40%
homes sold
95
-6%
(avg) days on market
Snapshot
Area Map
Courtesy of EXP REALTY, LLC.
Additional Details
Basement
Unfinished, Yes
Building
Built in 1940
Cooling
2 Units, Window A/C(s)
Exterior Features
Aluminum Siding
Garage
On-Street Parking
Water Features
Public Water
Heating
Gas-Natural, Baseboard - Electric, Baseboard - Hotwater
Interior Features
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Lot
Approximate Lot Size: 25X100, 0.06 acres
Parking
On-Street Parking
Property
2 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $7,954, Tax Rate: 5.335
Unit One
1 bathroom, 2 bathrooms, 9,999 sqft, Handicap Accessibility: No, Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit Two
1 bathroom, 2 bathrooms, 9,999 sqft, Handicap Accessibility: No, Carbon Monoxide Detector, Range/Oven - Electric, Smoke Detector
Utilities
Gas-Natural
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All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
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