154 Butler St,Paterson City, NJ 07524
Paterson City, NJ 07524
Description
Turnkey 3-Family Home The Perfect Live-in InvestmentWelcome to your new home and smart financial future! This completely renovated three-family property offers the perfect blend of modern comfort and effortless income. Each of the three private units features a thoughtful layout with 2 bedrooms and 1 bathroom, making them highly desirable for renters.Say goodbye to management headaches! The property is designed for efficiency, with separate meters and boilers for each apartment. This means tenants are responsible for their own utilities, streamlining your responsibilities and maximizing your profit.Live in one beautiful unit and let the other two generate significant rental income, providing a powerful way to offset your mortgage or build long-term wealth. This is more than just a home, it's an intelligent path to financial freedom. Don't miss this rare opportunity to own a fully updated, income-producing property. Buyer can get the assumable mortgage with 5.47% interest rate ,The buyer takes over the remaining balance, monthly payment.Total yearly income $64680 & Total yearly expenses $ 9400.Don't miss this opportunity.
Details
| MLS # | 4049686 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1939 |
| Days On Site | 36 |
| Listing Provided By | COLDWELL BANKER REALTY | SYLVIA ESKANDER |
Features
| Bath(s) | 3 Total |
|---|---|
| Basement | Y |
Taxes
| Property | 7511 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Passaic |
| City | Paterson City |
| Zip Code | 07524 |
| Area | Passaic |
| Listing VS Median (in 07524) | |
Price: $675,000 low | high Med: $2,700 On site: 36 low | high Med: 82 | |
Market Activity 07524
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Learn More About This Property
| State | NJ |
|---|---|
| County | Passaic |
| City | Paterson City |
| Zip Code | 07524 |
| Area | Passaic |
| Listing VS Median (in 07524) | |
Price: $675,000 low | high Med: $2,700 On site: 36 low | high Med: 82 | |
