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Description

Welcome to 225 Summer St, a modern investment opportunity in the heart of Paterson! Built in 2018, this property features two spacious units, perfect for generating steady rental income.Unit 1 is a duplex with 3 bedrooms, 2.5 bathrooms, and a thoughtful layout that balances comfort and privacy. Unit 2 offers 975 sq. ft. of living space, with 3 bedrooms and 2 bathrooms ideal for various tenant needs. Both units are currently occupied by long-term tenants, generating a robust monthly rental income of $5,000.This property also boasts valuable features, including solar panels for energy savings and an attached garage, providing secure parking and additional convenience. Whether you're an investor or looking to own an income-generating property, 225 Summer St is an excellent choice. Don't miss the opportunity to make this high-yielding, low-maintenance property your own!

Features

Heating System : Forced Hot Air
Cooling System : Central Air
Roof Deck : Asphalt Shingle
Parking : 2
Parking Description: 1 Car Width
Tax Assessed Valuation: 295000
Sewer: Public Sewer
Water: Public Water

Appliances

Internet

Additional Info

Office Name: KW CITY LIFE JC REALTY
Office MLS ID: 5091
Agent ID: 311223
Tax: 2113
Tax Year: 2023
Application Fee: $0

Multi-Family For Sale

For Sale

$575,000

225 Summer St, Paterson City, *

25 Acre
6
Built Year 2018

Details

Property Type: Multi-Family
Listing Type: For Sale
Listing ID: 5316999
Price: $575,000
Bedrooms: 6
Bathrooms: 0
Half Bathrooms: 0
Square Footage: 0 Sqft
Year Built: 2018
Lot Area: 25 Acre
Status: Active
Days On Market: 0

Contact Agent

Email:

wp@applicationx.net

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Map

Address Map

Country US
County Passaic
City Paterson City
Zipcode *
Street: Summer St
Street Number: 225
Street Direction: GPS to Summer St
Floor Number: 0
Longitude: W75° 50' 11.1''
Latitude: N40° 55' 11.1''
Internet Display Address: Yes