100-104 3Rd Ave new Save Request In-Person Tour Request Virtual Tour
Paterson City,NJ 07514
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Riverside
MLS Listing ID 3997336
Style See Remarks
Bedrooms 10
Full Baths 5
Half Baths 1
Year Built 1945
Annual Tax Amount $33,854
Tax Year 2024
Lot Size 4,791 Sqft
Property Description
The property has a great rent roll for any investor. The CAPE RATE is above 8-9%. The one-family house rented for $2,685. The rear apt is rented for $2,400.00, and the restaurant rent is $2,200.00; Garage rent is $825.00. Studio apt rent is $1,100.00. The other rear unit is $2,100.00. The listing is being sold as a 4-unit property with the restaurant and garages with the addresses of 100, 102, and 104 3 Ave, Paterson. The total monthly rent is $11,310.00, with the tenants paying their heat and AC expenses. So the property has one fam, store/restaurant, rear apt 2nd fl, garage storage, Studio apt, Rear apt. The yard has room to park up to 4-5 cars. The total annual rent is $135,720.00; the total taxes for the property are $33,854.00
Location
State NJ
County Passaic
Interior
Heating Gas-Natural
Cooling None
Exterior
Exterior Feature Aluminum,ConcBrd
Parking Features On Site, On-Street Parking
Utilities Available All Underground
Roof Type Asphalt Shingle, Rubberized
Building
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Number 16
High Schools Jfk