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37 Mill St

Paterson City, NJ 07501
  • $1,150,000
  • STATUS: Active
  • ON SITE: 135 Days
  • MLS #: 3807078
UPDATED: 61 min ago
$1,150,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Description

Large mix-use, moneymaker property in the convenient business district of Paterson, close to shopping, NYC transportation, major highways, consisting of 2 buildings at 37-39 and 41 Mill St and lot at 7 Elm St, Day Care facility occupies 37-41 Mill St currently rented for ($5750), apartments consist of 3 bedrooms, 1.5 baths apartment ($1360), 41 Mill St consist of a 2nd fl, 2-2 bedrooms ($1110 and $1500) and 3rd fl, 2 bedrooms ($1050), separate utilities, tenants pay water/heat/electric, owner pays sewer except Day-Care pays their own, the sale includes lot at 7 Elm St use by Day Care, all rentals are M2M except the Day-Care. Pro-forma list with Income & Expenses attached. Per seller, Day-Care pays portion of tax increases as well.

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Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-01-27T11:47:19.883.
www.srrealestategroup.com/homes/133041178
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37 Mill St Paterson City, NJ 07501

  • Price: $1,150,000
  • Status: Active
  • On Site: 135 Days
  • Updated: 61 min ago
  • MLS #: 3807078
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1920
Built
County:
Passaic
Area:
Paterson City
Property Description
Large mix-use, moneymaker property in the convenient business district of Paterson, close to shopping, NYC transportation, major highways, consisting of 2 buildings at 37-39 and 41 Mill St and lot at 7 Elm St, Day Care facility occupies 37-41 Mill St currently rented for ($5750), apartments consist of 3 bedrooms, 1.5 baths apartment ($1360), 41 Mill St consist of a 2nd fl, 2-2 bedrooms ($1110 and $1500) and 3rd fl, 2 bedrooms ($1050), separate utilities, tenants pay water/heat/electric, owner pays sewer except Day-Care pays their own, the sale includes lot at 7 Elm St use by Day Care, all rentals are M2M except the Day-Care. Pro-forma list with Income & Expenses attached. Per seller, Day-Care pays portion of tax increases as well.
Exterior Features

Approximate Lot Size 48X95 Construction Brick/Block Exterior Description Brick/Block Location Business DistrictResidential Area Lot Description Level Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description Off-Street ParkingSee Remarks Roof Description Flat

Interior Features

Basement Yes Basement Description Unfinished Cooling See RemarksWall A/C Unit(S) Equipment Available Fire AlarmKitchen AreaSmoke Detector Heating 4+ UnitsSee Remarks Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 7 Office Sq Ft 0

Property Features

Available Immediately Expenses Include See Remarks For Sale Or Lease For Sale Free Rent No Fuel Type Gas-Natural Gross Operating Income 130000 Lease Type Mixed Owner Pays Maintenance-Common AreaRepairsSewerSnow Removal Primary Property Type Mixeduse Property Type Apartment ComplexMixed Use Sale Includes Building & Land Sewer Public Sewer Suite Number 37-41 Tax Amount 22053 Tax Rate Amount 4.476 Tax Rate Year 2021 Tax Year 2021 Tenant Pays Cable T.V.ElectricGasHeat Utilities All Underground Water Public Water Year Built Description Approximate Zoning Commercial

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of United Real Estate: 888-501-6953.


Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-01-27T11:47:19.883.
 
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Christie's International Real Estate Group
47 Maple Street
Summit NJ, 07901