100 3rd Ave 4, Paterson City, NJ 07514

1 of 8

MultifamilyFor Sale

$1,200,000

100 3rd Ave 4

Paterson City, NJ 07514

Courtesy of Coldwell Banker Susani Realty

MLS: Garden State MLS

10Beds

4Baths

Est. Mortgage

$6,294/mo

This property has a great rent roll to make any purchaser happy with its return on investment. The one-family home has a rent of $2,430.00, The rear apt is rented for $2,300, The restaurant rent is $2,100, and the rear apt behind the restaurant is $2,200.00. The listing is being sold as a 4-unit property with the address of 100,102,104 3rd Ave Paterson. The total taxes for the property is $19,620.00 for all the units. The 4 garages have a total rent of $2,175.00 per month. THE CAP RATE IS CLOSE TO 11%.

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