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Cash Cow Investment Opportunity - Prime Corner Lot! Welcome to your next income-generating powerhouse! This mixed-use, corner-lot property offers three separate units, making it the perfect opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Offering two spacious residential units. Both are 3 bedroom apartments with separate utilities, providing steady rental income and attracting long-term tenants. The ground-floor unit is currently a fully operational restaurant, ensuring immediate cash flow. This high-visibility location guarantees strong business potential. Recently modernized, reducing maintenance headaches and maximizing efficiency. Just off Route 80 with Route 19 crossing right over, ensuring easy access. Only minutes from St. Joseph's University Medical Center, a hub for professionals seeking quality rentals. Whether you're an investor or a savvy buyer, this high-traffic, high-demand property is your ticket to financial success. Don't miss out schedule your showing today! Ground level can only be commercial*
DAYS ON MARKET | 1 | LAST UPDATED | 2/10/2025 |
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YEAR BUILT | 1940 | COMMUNITY | Paterson |
COUNTY | Passaic | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AIR | Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | Paterson |
BASEMENT | Unfinished, Yes |
CONSTRUCTION | Aluminum Siding |
HEAT | Natural Gas |
LOT | 871 sq ft |
LOT DESCRIPTION | Corner Lot |
PARKING | Off Street |
SEWER | Public Sewer |
STORIES | 3 |
STYLE | 3-Three Story |
TAXES | 10704 |
UTILITIES | Natural Gas Available |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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