$524,000

House for sale Paterson
Property photo number 1 of 16 Photos for Property. File  105535862_29_d980e0c839c2a7b2d0839e3365d32cb3.jpeg

Overview

SUMMARY: Discover an opportunity with this Paterson house for sale and available for $524,000. This could be your next ideal home or a smart investment. More details await.
PRICE IMPROVEMENT - NOW $524,000! Exceptional opportunity for owner-occupants and investors alike. Completely renovated in 2022, this turn-key multi-family property features two spacious units plus a 3rd-floor ADU with 2 bedrooms, kitchen, and bath, offering outstanding income
potential and flexible living arrangements. The 1st-floor unit is now vacant, and the 2nd-floor tenant will vacate at closing, providing immediate occupancy and rental flexibility. Unit 1 offers Spanish porcelain flooring, quartz countertops, 2 bedrooms, and a renovated bath. Unit 2 spans the 2nd and 3rd floors with Italian wood-look porcelain flooring, 5 bedrooms, 1.5 baths, and an updated kitchen with quartz counters. Major improvements include new hydronic boilers, updated electrical panels, hot water heaters, separate utilities, updated rear stairs, private backyard, and full basement for storage. Lead-Free Certification and UST Oil Tank Scan documentation available. Conveniently located near schools, shopping, restaurants, parks, and public transportation. Whether you're looking to live in one unit while generating income or add a strong cash-flowing asset to your portfolio, this property delivers exceptional value at its new price. 1st floor is currently vacant and 2nd floor tenant will vacate if requested.
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Details

  • Beds: 7
  • Baths: 2.5
  • Price: $524,000
  • Reference No.: 95940271

Location

Marketed by:

  • Mizell Ewing
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