93 Front St Active

Paterson City,NJ 07522

$ 749999

8 Beds

3 Baths

2600 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $288

MLS Listing ID 3928591

Style 3-Three Story, Triplex

Bedrooms 8

Full Baths 3

Year Built 1950

Annual Tax Amount $12,375

Tax Year 2023

Lot Size 3,049 Sqft

Property Description

Huge Price Drop! Cash Flow Alert! All units vacant! This fully renovated 3-family home, just steps from the iconic Great Falls, is a true income-generating powerhouse. With brand-new everything roof, high efficiency HVAC, luxury vinyl plank floors, kitchens/appliances, bathrooms, and paint this property is a turn-key investment ready to roll.The first-floor unit offers 1 bed, 1 bath, and an estimated rent of $1,500/month. The second-floor unit features 3 beds, 1 bath, and is anticipated to rent for $2,400/month. The third/fourth-floor duplex boasts 4 beds, 1 bath, commanding $2,700/month.Total Pro Forma Rent: $6,600/month!Live in one unit and let the others pay your mortgage, or rent all three and watch your cash flow soar! This is your chance to own a prime, renovated property that's built for profit. Don't wait this gem won't last long!Check out Rent Roll Proforma Photo. This is a great investor play for cash flow or for owner occupied to pay next to nothing on their mortgage

Location

State NJ

County Passaic

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Exterior

Exterior Feature Stucco, Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle, Flat

Building

Sewer Public Sewer

Water Public Water

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