$10,700 A MONTH IN RENTAL INCOME. CASH COW! Welcome to this multi-family gem on a quiet street in Paterson. Fully renovated 2 family . All new utilities,central air . Driveway fits 3 cars.
Last Agent to Sell the Property
Realty One Group Legend, Clifton Listed on: 12/05/2024
$625,000
A lot of living space with a finished basement and attic with full bathrooms and kitchenettes. The house is in good condition; however, it is to be sold strictly AS-IS. The sellers will not do any repairs, nor will they give any credit. Located close to everything and a decent section of Paterson. A cash cow it is a rent-producing property. Don't miss the opportunity, it's a must-see property.
Guido Barrantes PROMISE LAND REALTY
$759,000
Why wait? This fully vacant 3-family home is a blank canvas for your next move live in it, rent it out, or both. Recently renovated and move-in ready, with low taxes to keep your monthly costs down. Multiple units give you the flexibility to house-hack or generate serious rental income. Whether you're building wealth or buying your first multi, this one offers a head start others don't.
Yodelsy De La Cruz COLDWELL BANKER REALTY
$849,900
A significant opportunity for investors and homebuyers alike. This building, comprising 5 legal flats (the first floor is divided into 2 apartments, the Left side is 1 Bed 1 bath kit, living. Rented for $1,300- the Right side is 2 beds, 1 bath, eat-in kit, and living -owner occupied and willing to pay up to $1,800) is conveniently located close to everything. Rents are under market value due to
Guido Barrantes PROMISE LAND REALTY
$725,000
Recently Renovated "Four Family Home" Move in Condition - Renovated Unit Vacant - Residentially Located - Features Hardwood Floors, Central Air & much more - Low Property Taxes
Joaquim Ferreira CORNERSTONE REALTY ASSOCIATES
$799,999
Updated apartments side by side 3 units with three bedrooms and one 2 Bedroom apartment . the first unit on either side is joined with the finish basement. The 2nd floor units have an exterior porch off the living room. Three units are vacant and easy to show.
Faye Bannister UNITED REAL ESTATE
$699,000
Excellent opportunity!! This fully renovated 3-family home, minutes away from the iconic Great Falls, is a true income-generating powerhouse. luxury vinyl plank floors, kitchens/appliances, bathrooms, and paint this property is a turn-key investment ready to roll.The first-floor unit offers 3 bed, 1 bath, The second-floor unit features 3 beds, 1 bath, and the third-floor boasts 4 beds, 1 bath,
Carlos Goyburu GOYBURU REALTY, LLC
$775,000
Calling All Investors! 3 Family Home in Paterson, NJ! Unit 1 and Unit 2 Occupied each currently on a $3200 monthly lease. Larger 4 bed unit is Vacant. Huge potential for Monthly income/cashflow. Welcome to 605 Madison Ave featuring a total of 10 bedrooms and 5 bathrooms. Unit 1: 3 beds, 2 baths, Central A/C. Unit 2: 3 beds, 2 baths, Central A/C. Unit 3: 4 beds, 1 bath. Full unfinished basement,
Matthew Rowack EXP Realty, LLC
$715,000
Why rent when you can own this fully renovated 2-family home featuring 9 bedrooms and 5.5 bathrooms! Includes a finished basement with a kitchen, bedroom, and full bath, ideal for rental income. Both the 1st and 2nd floors offer 3 bedrooms and 2 baths. The finished attic adds 2 more bedrooms and a full bath. Live in one unit and rent out the others, a perfect opportunity for both homeowners and
Raisa Nunez KELLER WILLIAMS CITY VIEWS REALTY
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $825,000 | First American Title | |
| Deed | $825,000 | First American Title | |
| Bargain Sale Deed | $186,000 | Chicago Title | |
| Deed | $70,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $792,632 | FHA | |
| Closed | $792,632 | FHA | |
| Previous Owner | $185,000 | New Conventional |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2024 12/06/24 | Sold | $825,000 | +10.0% | $589 / Sq Ft |
| 12/06/2024 12/06/24 | Pending | -- | -- | -- |
| 12/05/2024 12/05/24 | For Sale | $750,000 | -- | $536 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,334 | $108,800 | $23,100 | $85,700 |
| 2022 | $5,051 | $108,800 | $23,100 | $85,700 |
| 2021 | $4,870 | $108,800 | $23,100 | $85,700 |
| 2020 | $4,542 | $108,800 | $23,100 | $85,700 |
| 2019 | $4,407 | $106,600 | $22,900 | $83,700 |
| 2018 | $4,400 | $101,700 | $22,800 | $78,900 |
| 2017 | $4,197 | $100,900 | $22,700 | $78,200 |
| 2016 | $4,543 | $104,700 | $22,000 | $82,700 |
| 2015 | $4,301 | $104,700 | $22,000 | $82,700 |
| 2014 | $6,838 | $235,800 | $147,600 | $88,200 |
I
Seller's Agent in 2024
Isaiah Chalmers
Realty One Group Legend, Clifton
(973) 772-0660
3 in this area
3 Total Sales
Buyer's Agent in 2024
Miguel Lorenzo
Realty One Group Prodigy
(862) 249-6132
1 in this area
4 Total Sales
Source: New Jersey MLS
MLS Number: 24038279
APN: 08-03005-0000-00003
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