499,000

House for sale Paterson
Property photo number 1 of 16 Photos for Property. File  105913258_29_5768e0af5fc345c6a525d90e06815f54.jpeg

Overview

SUMMARY: Discover an opportunity with this Paterson house for sale and available for 499,000. This could be your next ideal home or a smart investment. More details await.
Excellent opportunity to own a two-family property in a convenient downtown location near the train station. The property features two separate units, one on the first floor and one on the second floor, each offering 2 bedrooms and 1 full bath, along with a fully finished basement providing valuable additional space. The property currently produces a total rent roll of $5,000 per month. All tenants are on month-to-month leases, providing added flexibility for a buyer who may want to occupy one of the units while continuing to collect rental income from the other. Well suited for both an owner-occupant looking to offset housing costs and an investor seeking an income-producing property, this two-family offers a flexible layout, established rental income, and a strong downtown location with convenient access to transportation, shopping, dining, and the train station. This property also qualifies for a low down payment, low interest rate loan as well as down payment assistance for first time buyers. Call the listing agent now for more details.
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Details

  • Beds: 4
  • Baths: 3
  • Price: 499,000
  • Reference No.: 96599691

Location

Marketed by:

  • Alex Mouzakitis
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