Properties

Description

PRICE IMPROVEMENT - NOW $524,000! Exceptional opportunity for owner-occupants and investors alike. Completely renovated in 2022, this turn-key multi-family property features two spacious units plus a 3rd-floor ADU with 2 bedrooms, kitchen, and bath, offering outstanding income potential and flexible living arrangements. The 1st-floor unit is now vacant, and the 2nd-floor tenant will vacate at closing, providing immediate occupancy and rental flexibility. Unit 1 offers Spanish porcelain flooring, quartz countertops, 2 bedrooms, and a renovated bath. Unit 2 spans the 2nd and 3rd floors with Italian wood-look porcelain flooring, 5 bedrooms, 1.5 baths, and an updated kitchen with quartz counters. Major improvements include new hydronic boilers, updated electrical panels, hot water heaters, separate utilities, updated rear stairs, private backyard, and full basement for storage. Lead-Free Certification and UST Oil Tank Scan documentation available. Conveniently located near schools, shopping, restaurants, parks, and public transportation. Whether you're looking to live in one unit while generating income or add a strong cash-flowing asset to your portfolio, this property delivers exceptional value at its new price.1st Floor is currently Vacant and 2nd floor will vacate if requested.

Features

  • Heating System : Baseboard - Hotwater, 2 Units
  • Basement : Unfinished, Walkout
  • Roof Deck : Asphalt Shingle
  • Parking Description: None, On-Street Parking
  • Interior Features: Fire Alarm Sys, Smoke Detector, Vinyl-Linoleum Flo
  • Exterior Features: Open Porch(es)
  • Tax Assessed Valuation: 226100
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: All Underground
  • Internet

Additional Info

  • Office Name: COLDWELL BANKER REALTY
  • Office MLS ID: 002445
  • Agent ID: 276767
  • Tax: 11519
  • Tax Year: 2024
  • Application Fee: $0

Multi-Family For Sale

For Sale
$524,000

15 N 3Rd St, Paterson City, *

  • SQFT 25 Acre
  • Bedroom 7
  • Built Year 1900

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5398697
  • Price: $524,000
  • Bedrooms: 7
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1900
  • Year Built Description: Renovated
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 95

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Passaic
  • City Paterson City
  • Zipcode *
  • Street: N 3Rd St
  • Street Number: 15
  • Street Direction: Between Cliff St and Temple St
  • Floor Number: 0
  • Longitude: W75° 49' 22.7''
  • Latitude: N40° 55' 29.5''
  • Internet Display Address: Yes
Property