40 Manchester Ave,Paterson City, NJ 07502
Paterson City, NJ 07502
Description
Excellent investment opportunity with great income potential! This property features two additional units that can help cover the mortgage payment, making it an ideal choice for both investors and owner-occupants looking to generate cash flow, or just live there. The property offers 10 spacious parking spaces, a highly valuable feature for residents and tenants. Additionally, it boasts a fully finished basement with excellent potential to generate extra income, or to be used as a large storage area. The building is up to date with all local and state inspections, with no pending inspections, providing peace of mind to the buyer for 5 more years. The second-floor apartment is currently vacant and will remain so to facilitate the purchase, offering the flexibility to occupy it immediately or select your own tenant and maximize the rental potential. Don't miss out on this excellent opportunity to acquire a property with multiple income streams and great appreciation potential! REDUCE FOR A FASTER SALE, TAKE ADVANTAGE AND MAKE IT YOUR NOW...!!!
Details
| MLS # | 4041532 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 80 |
| Listing Provided By | PROMISE LAND REALTY | GUIDO BARRANTES |
Features
| Bath(s) | 4 Total |
|---|---|
| Basement | Y |
Taxes
| Property | 18149 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Passaic |
| City | Paterson City |
| Zip Code | 07502 |
| Area | Passaic |
| Listing VS Median (in 07502) | |
Price: $839,000 low | high Med: $529,900 On site: 80 low | high Med: 27 | |
Market Activity 07502
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Learn More About This Property
| State | NJ |
|---|---|
| County | Passaic |
| City | Paterson City |
| Zip Code | 07502 |
| Area | Passaic |
| Listing VS Median (in 07502) | |
Price: $839,000 low | high Med: $529,900 On site: 80 low | high Med: 27 | |
