Description
GREAT opportunity in the heart of downtown Paterson a 8 bedrooms and 6 full baths total. Great for both an owner-occupant or an investor looking for value add opportunity. Under market value rents grossing $55,200 Separate utilities yielding a little over7% cap rate. 2 water heaters recently replaced. All tenants are in good standing with month-to-month agreements. Please note there's a large basement with plenty of storage.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
GREAT opportunity in the heart of downtown Paterson a 8 bedrooms and 6 full baths total. Great for both an owner-occupant or an investor looking for value add opportunity. Under market value rents grossing $55,200 Separate utilities yielding a little over7% cap rate. 2 water heaters recently replaced. All tenants are in good standing with month-to-month agreements. Please note there's a large basement with plenty of storage.
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