Description
INVESTOR / RENOVATION OPPORTUNITY! Spacious approx. 3,773 sq. ft. multi-family property offering significant value-add potential in Paterson. Property is currently configured with four living areas: 1st floor front offers 1 bedroom, kitchen, living/dining room and full bath; 1st floor rear offers 3 bedrooms, kitchen, living/dining room and full bath; 2nd floor offers 4 bedrooms, kitchen, living/dining room and full bath; 3rd floor offers 3 bedrooms, kitchen, living/dining room and full bath. Finished basement includes an additional full bath. Property has 4 separate electric meters, 4 separate gas meters and 4 mailboxes; owner pays water. Property experienced a fire originating in one bedroom with additional resulting damage and requires repairs/renovation. Sold strictly AS IS; seller will make no repairs. Buyer responsible for all due diligence, inspections, certifications and verification of permitted/legal use and unit configuration. Cash or renovation financing only. Excellent opportunity for an experienced investor, contractor or buyer with the vision to restore and reposition this substantial property.