Properties

Description

Welcome to your dream home in the Riverside Section of Paterson! This massive and stylishly renovated 4-family is a dream come true for homeowners or investors. Spanning over 4,900+ square feet of modern living space, this legal 4-family home has been fully renovated from top to bottom with contemporary finishes, brand-new appliances, and all new utilities making it 100% move-in ready and low maintenance for years to come. Each unit offers spacious layouts with sleek kitchens, designer bathrooms, and updated flooring throughout, perfect for tenants seeking both comfort and style. With a projected cap rate of approximately 9.65%, this property presents a rare opportunity for high rental income in one of Paterson's most sought-after neighborhoods. Other key features include a new roof, new siding, and a private parking lot that fits 3 to 4 cars a major bonus in the area. Whether you're an investor looking to expand your portfolio or a homeowner ready to live in one unit and rent the others, this property delivers on every level. Don't miss out on this exceptional Riverside gem!

Features

  • Heating System : 4+ Units, Baseboard - Hotwater, Baseboard - Electric
  • Basement : Full, Finished
  • Roof Deck : Asphalt Shingle
  • Parking : 4
  • Parking Description: Blacktop, Driveway-Exclusive
  • Interior Features: Fire Extinguisher, Smoke Detector
  • Exterior Features: Curbs, Sidewalk
  • Lot Description: Corner
  • Tax Assessed Valuation: 348100
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural
  • Internet

Additional Info

  • Office Name: KELLER WILLIAMS PROSPERITY REALTY
  • Office MLS ID: 5371
  • Agent ID: 397730
  • Tax: 17735
  • Tax Year: 2024
  • Application Fee: $0

Multi-Family For Sale

For Sale
$979,999

48 N York St, Paterson City, *

  • SQFT 25 Acre
  • Bedroom 17

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5373527
  • Price: $979,999
  • Bedrooms: 17
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 0
  • Year Built Description: Renovated, Unknown
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 3

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Passaic
  • City Paterson City
  • Zipcode *
  • Subdivision: Eastside
  • Street: N York St
  • Street Number: 48
  • Street Direction: River St to Lyon St to N York St
  • Floor Number: 0
  • Longitude: W75° 50' 30.3''
  • Latitude: N40° 55' 45.4''
  • Internet Display Address: No
Property