59-63 Broadway Active Save Request In-Person Tour Request Virtual Tour
Paterson City,NJ 07505
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 8,520 sqft
Price per Sqft $163
MLS Listing ID 3923116
Annual Tax Amount $47,068
Tax Year 2023
Property Description
Introducing a remarkable investment opportunity: a six-unit brick building located in a bustling area of Paterson Street. This well-maintained property features three commercial units on the first floor, two of which are currently leased to established businesses a popular Chinese restaurant and a delightful coffee shop ensuring consistent rental income. The Chinese restaurant benefits from access to a spacious basement, adding to its operational capabilities.On the second floor, you'll find three residential units, each thoughtfully designed with two rooms and a full bathroom, providing comfortable living spaces. The current tenants are all related to the seller, presenting a unique opportunity for potential buyers to consider a strategic rental plan moving forward.This mixed-use property is strictly sold as-is and represents a rare find in a high-traffic location. With strong existing tenants and the potential for added value, this building stands as a prime investment with great possibilities. Don't miss out on this chance to own a versatile property in a thriving neighborhood!
Location
State NJ
County Passaic
Zoning B-4
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Equipment See Remarks
Exterior
Exterior Feature Brick/Block
Utilities Available Gas-Natural
Roof Type Flat
Building
Story 2
Sewer Public Sewer
Water Public Water