Amy Callum - Coldwell Banker Hearthside
203 Harrison St
Paterson City, NJ 07501

Description

Stabilized 2-Family featuring upper story Bi-Level apartment w/ 6-Beds, EIK & living room floor plan. Separately metered electric, cooking gas, heat/hot water utilities paid by residents. Interior renovations; flooring, kitchens & baths plus capital improvements; new asphalt single roof and upgraded baseboard-hot water heating system, all completed in Year 2018. Broker assumptions for vacancy Rate and property management factored into 9.5% Going-In Cap Rate and 19.87% Cash-on-Cash. Investment property opportunity ideal for Buy/Hold investors seeking small/self-manageable assets and potential owner/occupants with move-in date flexibility.

Details

MLS#3507298
Sub-TypeResale
StatusActive
Year1950
Days On Site43

Features

Units2
Building(s)1

Additional Information

Annual Tax Amount5578
Assesed Tax Valuation135100
Tax ID4.160
Tax Rate2017
Tax Rate Year2017

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Area Information

StateNJ
CountyPassaic
CityPaterson City
Zip Code07501
AreaPassaic
Listing VS Median (in 07501)
Price:
$253,000
low | high
Med:
$229,000
59.486166007905% of Average
On Site:
43
low | high
Med:
318
13.522012578616% of Average
Listing Updated: 11/18/2018
MLS Number: 3507298
Listing Provided By:
WASHINGTON PAUL E.  of  COLDWELL BANKER REALTORS