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41-43 Paterson Ave 5 Unit Apartment Building $849,900 ($169,980/Unit) Paterson, NJ 07522



INVESTMENT HIGHLIGHTS
- Corner location in Great Falls District
- Ample parking
EXECUTIVE SUMMARY
5 Unit building. Approx 1,850 vacant commercial space on ground floor perfect for a new business of a rental option. Second floor has 4 1 bedroom apartments, all utilities paid by tenants, 9 parking spaces. Newer roof, siding gutters shingles. Call for more details.
PROPERTY FACTS
| Price | $849,900 | Building Class | C |
| Price Per Unit | $169,980 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 5,368 SF |
| No. Units | 5 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1960 |
| Apartment Style | Low-Rise | Parking Ratio | 1.68/1,000 SF |
| Zoning | Commercial/Residential - Zoned R-3 | ||
| Price | $849,900 |
| Price Per Unit | $169,980 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 5,368 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.68/1,000 SF |
| Zoning | Commercial/Residential - Zoned R-3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Hardwood Floors
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+5 | 5 | - | - |
1 1
Walk Score®
Very Walkable (87)
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Presented by
Meadowlands Realty Inc
41-43 Paterson Ave
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