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440 Union Ave

Paterson City, NJ 07502
  • $489,000
  • STATUS: Active Under Contract
  • ON SITE: 400 Days
  • MLS #: 3749431
Under Contract
UPDATED: 175 min ago
$489,000
  • 5
    BEDS
  • 0.06
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Description

On the lookout for the ultimate investment opportunity in a central, high-traffic area? This mixed-use building is sure to impress a wide range of buyers whether you're looking to generate multiple rental stream or even secure that ideal live-in investment. The first level takes full advantage of the prized location and is home to a grocery store while the other two upper levels offer comfortable accommodation for tenants.The second floor boasts a two-bedroom, one full bathroom residence with a light-filled living room and an eat-in kitchen. Perched on the third floor is a larger three-bedroom, one full bath home which also features a living room and a well-appointed eat-in kitchen. All three units have been beautifully rehabbed with brand new plumbing and electrical ensuring absolute peace of mind for the lucky new owners. This is an exciting opportunity to secure a set-and-forget investment property with all tenants currently month-to-month.

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Garden State MLS logo © 2022 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 Northern New Jersey. 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 Northern New Jersey 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 2022-12-05T23:46:27.487.
www.srrealestategroup.com/homes/122919561
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440 Union Ave Paterson City, NJ 07502

  • Price: $489,000
  • Status: Active Under Contract
  • On Site: 400 Days
  • Updated: 175 min ago
  • MLS #: 3749431
5
Beds
3
Baths
0
½ Baths
0.06
Acres
1940
Built
County:
Passaic
Area:
Paterson City
Property Description
On the lookout for the ultimate investment opportunity in a central, high-traffic area? This mixed-use building is sure to impress a wide range of buyers whether you're looking to generate multiple rental stream or even secure that ideal live-in investment. The first level takes full advantage of the prized location and is home to a grocery store while the other two upper levels offer comfortable accommodation for tenants.The second floor boasts a two-bedroom, one full bathroom residence with a light-filled living room and an eat-in kitchen. Perched on the third floor is a larger three-bedroom, one full bath home which also features a living room and a well-appointed eat-in kitchen. All three units have been beautifully rehabbed with brand new plumbing and electrical ensuring absolute peace of mind for the lucky new owners. This is an exciting opportunity to secure a set-and-forget investment property with all tenants currently month-to-month.
Exterior Features

Approximate Lot Size 22X77 Exterior Description Stucco Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished Cooling 1 UnitWall A/C Unit(S) Heating 1 UnitBaseboard - Hotwater Total Number Of Rooms 10 Unit1 Appliances Equipment Carbon Monoxide Detector Unit1 Baths 1.0 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description See Remarks Unit1 Rooms 1 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - Gas Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In Kitchen Unit2 Rooms 5 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsEat-In Kitchen Unit3 Rooms 4 Unit3 Sq Ft 0

Property Features

Assessment Total 261200 Building Assessment 181500 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 9999 Land Assessment 79700 Net Operating Income 9999 Sewer Public Sewer Tax Amount 10905 Tax Rate Amount 4.175 Tax Rate Year 2020 Tax Year 2020 Total Operating Expense 9999 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 2250 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1550 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1350 Unit3 Security Deposit 1350 Utilities Gas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-772-0660.


Garden State MLS logo © 2022 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 Northern New Jersey. 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 Northern New Jersey 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 2022-12-05T23:46:27.487.
 
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