Properties

Description

Excellent opportunity to own a two-family property in a convenient downtown location near the train station. The property features two separate units, one on the first floor and one on the second floor, each offering 2 bedrooms and 1 full bath, along with a fully finished basement providing valuable additional space. The property currently produces a total rent roll of $5,000 per month. All tenants are on month-to-month leases, providing added flexibility for a buyer who may want to occupy one of the units while continuing to collect rental income from the other. Well suited for both an owner-occupant looking to offset housing costs and an investor seeking an income-producing property, this two-family offers a flexible layout, established rental income, and a strong downtown location with convenient access to transportation, shopping, dining, and the train station. This property also qualifies for a low down payment, low interest rate loan as well as down payment assistance for first time buyers. Call the listing office now for more details.

Features

  • Heating System : Baseboard - Hotwater, 2 Units
  • Cooling System : Window A/c(s)
  • Basement : Full, Finished
  • Roof Deck : Asphalt Shingle
  • Parking Description: None
  • Tax Assessed Valuation: 467700
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural

Additional Info

  • Office Name: ALEXANDER ANDERSON REAL ESTATE
  • Office MLS ID: 2118
  • Agent ID: 398618
  • Tax: 9336
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$499,000

14 Pearl St, Paterson City, *

  • SQFT 23 Acre
  • Bedroom 4
  • Built Year 1986

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5466002
  • Price: $499,000
  • Bedrooms: 4
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1986
  • Year Built Description: Approximate
  • Lot Area: 23 Acre
  • Status: Active
  • Days On Market: 3

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Passaic
  • City Paterson City
  • Zipcode *
  • Street: Pearl St
  • Street Number: 14
  • Street Direction: Summer to Pearl
  • Floor Number: 0
  • Longitude: W75° 50' 3.9''
  • Latitude: N40° 55' 0.1''
  • Internet Display Address: No
Property