305 Pacific St,Paterson City, NJ 07503
Paterson City, NJ 07503
Description
NEW OPPORTUNITY IN SOUTH PATERSON! Spacious 2-family home offering an excellent opportunity for both owner-occupants and investors. Each unit features 2 bedrooms, living room, kitchen and full bath. One unit is currently VACANT, giving a new owner the flexibility to move right in or select their own tenant. The occupied unit currently generates $2,000 per month, with estimated market rents of approximately $2,000 - $2,200 per unit. Additional features include separate utilities, a full unfinished basement with full bathroom, and a private backyard. Live in one unit while collecting rental income from the other, or rent both units for potential gross rental income of approximately $4,000 - $4,400 per month. Convenient South Paterson location near shopping, transportation and major roadways. Bring your ideas and make this 2-family property work for you. Schedule your showing today!
Details
| MLS # | 4055002 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 18 |
| Listing Provided By | EXP REALTY, LLC | DOMINGO RODRIGUEZ |
Features
| Bath(s) | 3 Total |
|---|---|
| Basement | Y |
Taxes
| Property | 7954 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Passaic |
| City | Paterson City |
| Zip Code | 07503 |
| Area | Passaic |
| Listing VS Median (in 07503) | |
Price: $519,900 low | high Med: $133,950 On site: 18 low | high Med: 107.5 | |
Market Activity 07503
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Learn More About This Property
| State | NJ |
|---|---|
| County | Passaic |
| City | Paterson City |
| Zip Code | 07503 |
| Area | Passaic |
| Listing VS Median (in 07503) | |
Price: $519,900 low | high Med: $133,950 On site: 18 low | high Med: 107.5 | |
