3-Fam Property Paterson, NJ
For Sale (Coming Soon...)

Paterson, NJ | 3 Units

Asking Price: $395,000

After Repair Value: $525,000

Repair Estimate: $50,000

Estimate Gross Profit: $80,000

Legal Units: 3

Property Taxes: $8,400

Rent Roll  $4,100/mo  Proforma $5,000+/mo

About the City: Paterson, NJ 

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Description: A hard to find, off market and below market 3-family with 6 beds 3 baths plus parking for 2-3 cars. Total of approximately 2,097 sqft, plus a bonus unit.
Fully occupied with section8 tenants.  Monthly rent: $4,100. Low Taxes. Closer to downtown and bus lines. Great opportunity with alot of upside!

Coming Soon