51 Mill Street
Paterson, NJ 07501
#24031244
Description
Amazing opportunity in the heart of downtown Paterson - 8-bedrooms and 6-full baths. (1x) 3-bedroom, (4x) 1-bedrooms & 1 studio apartment with off street parking. A true value add investment opportunity. Under market value rents grossing $92,454 with separate utilities yielding a 8.14% cap rate. All tenants are in good standing with leases in place. There is also a large basement with plenty of storage.
Construction Details
- Property TypePurchase
- Style5+Family
- SubstyleOther
Condition
- Year Built1950's
Community and Neighborhood Details
- CountyPASSAIC
Financial Details
- Taxes Annual$14,405
Other
- MLS #24031244
Location
Legal
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Valentin Robinson-Rodriguez are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 01/09/2023
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Last Updated: . Source: NJMLS
Listing Courtesy
Listing Agent: Roman Drukarov (#1021315), Phone: (973) 454-3218
Listing Office: Berkshire Hathaway Home Services Fox & Roach Realtors - Livingston (#269910)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.