51 Mill Street, Paterson, NJ 07501
51 Mill Street, Paterson, NJ 07501
51 Mill Street, Paterson, NJ 07501
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Listed by Roman Drukarov • Berkshire Hathaway Home Services Fox & Roach Realtors - Livingston • (973) 454-3218
$800,000
Est. payment /mo
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Contingent

51 Mill Street Paterson, NJ 07501

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Isaac De Castro

Isaac De Castro

+1(646) 626-7901

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+Family

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID 24031244

Style 5+Family

Annual Tax Amount $14,405

Property Sub-Type 5+Family

Property Description

Amazing opportunity in the heart of downtown Paterson - 8-bedrooms and 6-full baths. (1x) 3-bedroom, (4x) 1-bedrooms & 1 studio apartment with off street parking. A true value add investment opportunity. Under market value rents grossing $92,454 with separate utilities yielding a 8.14% cap rate. All tenants are in good standing with leases in place. There is also a large basement with plenty of storage.

Location

State NJ

County Passaic

Area Paterson

Exterior

Utilities Available Gas, Munincipal Water

Roof Type Flat

Building

Architectural Style Other

New Jersey (NJMLS Include SOLD)

NEARBY SCHOOL & BUSINESS

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Isaac De Castro

Isaac De Castro

Real Estate Advisor | 3561456; 1750974; 10401278264

+1(646) 626-7901

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