Property Description

Don't miss this well-maintained legal 3-family property in the heart of Paterson perfect for both investors and owner-occupants seeking strong rental income with upside potential.Each unit offers approximately 580 sq ft of living space and features a functional layout including 2 bedrooms, 1 full bathroom, a living room, and an eat-in kitchen. All units come equipped with gas stoves and refrigerators, making this a true turnkey opportunity.The first-floor unit includes access to a full basement, which adds valuable bonus space featuring a full bathroom, recreation area, workshop, washer/dryer, utility sink, and ample storage or additional functionality. All tenants are month-to-month, offering flexibility for rent increases or occupancy changes.Key Features: Separate utilities " 3 gas meters, 3 electric panels, 3 furnaces Baseboard heating throughout Aluminum siding exterior Washer/Dryer located in basement No central AC (window units owned by tenants) Taxes: $11,918/year. Whether you're looking to live in one unit while collecting rental income or expand your investment portfolio, this property offers solid cash flow potential and long-term value. Schedule your private showing today!

Property Features