231 Market St, Paterson, NJ 07505

$3,050,000

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List Price
$3,050,000
Status
ACTIVE
MLS#
26014240
Price Change
▼ $50,000 1777993731
County
Passaic
City
Paterson

Property Description

Exceptional investment opportunity in the heart of Paterson! This fully occupied mixed-use building at 231 Market Street offers immediate cash flow and long-term upside for the savvy investor. The property features nine well-maintained one-bedroom residential units, all currently rented, providing stable and consistent income. The ground floor is occupied by an established furniture retail store, adding a strong commercial component and additional revenue stream. This prime location benefits from high foot traffic, excellent visibility, and close proximity to major highways, public transportation, shopping, and dining. With 100% occupancy, this turnkey asset is ideal for investors seeking a performing property with minimal downtime. Whether you're expanding your portfolio or entering the mixed-use market, this property delivers both stability and growth potential. Offered at $3,100,000. Don't miss this rare opportunity to own a high-performing mixed-use property in a thriving urban location.

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Listing courtesy of Listing Agent: Annakay S. Lyttle () from Listing Office: Lyttle Dream Team Realty LLC.

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Source: New Jersey Multiple Listing Service, Inc.
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