48 N York St Coming Soon Save Request In-Person Tour Request Virtual Tour
Paterson City,NJ 07524
Key Details
Property Type Multi-Family, Commercial
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 4,933 sqft
Price per Sqft $198
Subdivision Eastside
MLS Listing ID 3976913
Style 3-Three Story, Fixer Upper
Bedrooms 17
Full Baths 6
Annual Tax Amount $17,735
Tax Year 2024
Lot Size 2,613 Sqft
Property Description
Welcome to your dream home in the Riverside Section of Paterson! This massive and stylishly renovated 4-family is a dream come true for homeowners or investors. Spanning over 4,900+ square feet of modern living space, this legal 4-family home has been fully renovated from top to bottom with contemporary finishes, brand-new appliances, and all new utilities making it 100% move-in ready and low maintenance for years to come. Each unit offers spacious layouts with sleek kitchens, designer bathrooms, and updated flooring throughout, perfect for tenants seeking both comfort and style. With a projected cap rate of approximately 9.65%, this property presents a rare opportunity for high rental income in one of Paterson's most sought-after neighborhoods. Other key features include a new roof, new siding, and a private parking lot that fits 3 to 4 cars a major bonus in the area. Whether you're an investor looking to expand your portfolio or a homeowner ready to live in one unit and rent the others, this property delivers on every level. Don't miss out on this exceptional Riverside gem!
Location
State NJ
County Passaic
Rooms
Basement Finished, Full
Interior
Interior Features Fire Extinguisher, Smoke Detector
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features None
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Corner
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story, Fixer Upper
Others
Senior Community No