3-Fam Property | Paterson, NJ
60 Pearl Street, Paterson, NJ
Asking Price: $399,000
After Repair Value: $500,000
Repair Estimate: $45,000
Estimate Gross Profit: $75,000+
Legal Units: 3
Property Taxes: $8,400
Rent Roll $4,100/mo Proforma $5,000+/mo
About the City: Paterson, NJ
Description: A hard to find, off market and below market 3-family.
- 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.
- Separate Utilities
- Low Taxes.
- Closer to downtown and bus lines.
- Great opportunity!
Get it now before it goes on the market at 399k!