Properties

Description

2-Unit Multi-Family with Strong Cash Flow & Upside Potential. This income-producing 2-family property offers immediate rental income with additional upside in a convenient location. The building includes three separate units: a 3-bedroom, 1-bath first-floor unit, a 2-bedroom, 1-bath second-floor unit, and a finished 2-bedroom, 1-bath basement apartment ideal for maximizing rental potential. The basement unit adds further income potential, making this a strong opportunity for investors seeking both cash flow and future growth.Each unit features a functional living and kitchen layout, with refrigerators and microwaves included. The basement unit benefits from its own split AC system, while upper units utilize window units. There is no on-site parking, with street parking available, and a shared backyard area offers outdoor space for tenants. Whether you're expanding your portfolio or looking for a multi-unit with built-in upside, this property delivers a compelling mix of current income, tenant stability, and value-add potential.

Features

  • Heating System : Forced Hot Air, 2 Units
  • Cooling System : Window A/c(s)
  • Basement : Full, Finished
  • Roof Deck : Asphalt Shingle
  • Parking Description: None
  • Tax Assessed Valuation: 388600
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural

Additional Info

  • Office Name: EXP REALTY, LLC
  • Office MLS ID: 5028
  • Agent ID: 293333
  • Tax: 8562
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$469,900

94 Manchester Ave, Paterson City, *

  • SQFT 25 Acre
  • Bedroom 5
  • Built Year 1939

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5465425
  • Price: $469,900
  • Bedrooms: 5
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1939
  • Year Built Description: Approximate, Renovated
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 1

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Passaic
  • City Paterson City
  • Zipcode *
  • Street: Manchester Ave
  • Street Number: 94
  • Street Direction: UNION AVE TO MANCHESTER AVE
  • Floor Number: 0
  • Longitude: W75° 48' 41.5''
  • Latitude: N40° 55' 12.1''
  • Internet Display Address: No
Property