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Listed by Joseph Oneal Keller Williams City Views Realty
$ 999,999
Est. payment /mo
Active
84-88 Jefferson ST Paterson, NJ 07522
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26019092
Style 5+Family
Property Sub-Type 5+Family
Property Description
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 4-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.
Location
State NJ
County Passaic
