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$1,150,000
Est. payment /mo
10 Beds
5.5 Baths
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Riverside
MLS Listing ID 3997336
Style See Remarks
Bedrooms 10
Full Baths 5
Half Baths 1
Year Built 1945
Annual Tax Amount $33,854
Tax Year 2024
Lot Size 4,791 Sqft
Property Description
The property has a great rent roll for any investor. The CAPE RATE is above 8-9%. The one-family house rented for $2,685. The rear apt is rented for $2,400.00, and the restaurant rent is $2,200.00; Garage rent is $825.00. Studio apt rent is $1,100.00. The other rear unit is $2,100.00. The listing is being sold as a 4-unit property with the restaurant and garages with the addresses of 100, 102, and 104 3 Ave, Paterson. The total monthly rent is $11,310.00, with the tenants paying their heat and AC expenses. So the property has one fam, store/restaurant, rear apt 2nd fl, garage storage, Studio apt, Rear apt. The yard has room to park up to 4-5 cars. The total annual rent is $135,720.00; the total taxes for the property are $33,854.00
Location
State NJ
County Passaic
Rooms
Basement Partial, Unfinished
Interior
Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum, ConcBrd
Parking Features On Site, On-Street Parking
Utilities Available All Underground
Roof Type Asphalt Shingle, Rubberized
Building
Sewer Public Sewer
Water Public Water
Architectural Style See Remarks
Schools
Elementary Schools Number 16
High Schools Jfk
Others
Senior Community No
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Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COLDWELL BANKER SUSANI REALTY
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