84-88 Jefferson St, Paterson, NJ 07522
- $999,999
- 15
- BD
- 7
- BA
- List Price
- $999,999
- Status
- ACTIVE
- MLS#
- 26019090
- Bedrooms
- 15
- Bathrooms
- 7
- County
- Passaic
- City
- Paterson
Property Description
5 FAMILY! 2 2-bedroom, 1-bath units, 2 3-bedroom, 1-bath units, and 1 4-bedroom, 2-bath unit. Excellent investment opportunity with a current 8% cap that can be easily raised to 11%. A current property management company is in place if you wish to continue with them. The property consists of 2 buildings: one with 2 two-bedroom units, renovated 6 years ago, and equipped with central air. The second building consists of 3 three-bedroom units. 2 units were renovated 6 years ago, and the first-floor 3-bedroom unit was totally renovated last year, with central air added. There is a coin laundry for the residents and an extra parking lot for additional income. All have long-term tenants.
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Additional Information
- Taxes
- $20,416
Mortgage Calculator
Listing courtesy of Listing Agent: Joseph Oneal () from Listing Office: Keller Williams City Views Realty.
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Source: New Jersey Multiple Listing Service, Inc.
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