REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 999,500
Est. payment | /mo
12 Beds
6 Baths
4,560 SqFt
$ 999,500
Est. payment | /mo
12 Beds
6 Baths
4,560 SqFt
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,560 sqft
Price per Sqft $219
MLS Listing ID 4043571
Style 2-Two Story
Bedrooms 12
Full Baths 4
Half Baths 4
Year Built 1970
Annual Tax Amount $17,882
Tax Year 2025
Lot Size 7,405 Sqft
Property Description
Don't miss this outstanding investment opportunity in a prime Paterson location. This well-maintained four-family property generates nearly $120,000 in annual gross rental income and offers an impressive 7.5% cap rate, making it an excellent addition to any investment portfolio.Each spacious unit offers approximately 1,200 square feet of living space, providing layouts that attract and retain long-term tenants. The property features separate utilities for all units, helping minimize owner expenses and maximize cash flow.Additional highlights include six off-street parking spaces, a highly desirable amenity for tenants, and a convenient location close to major highways, public transportation, shopping, restaurants, schools, and parks.
Location
State NJ
County Passaic
Rooms
Basement Full, Unfinished
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Garage No
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COLDWELL BANKER REALTY
Nearby Locations
"Elevating Real Estate Dreams with Heart and Expertise."
111 Howard Blvd, Ste 202, Mt Arlington, NJ 07856-1315, USA