47 Carroll St Active

Paterson City,NJ 07501

$ 4900000

- Bed

- Bath

13056 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,056 sqft

Price per Sqft $375

MLS Listing ID 3935661

Year Built 1940

Annual Tax Amount $9,000

Tax Year 2023

Lot Size 4,791 Sqft

Property Description

Welcome to an exceptional investment opportunity at 47-49 Carroll Street in Paterson, NJ. This impressive, fully renovated, and turn-key 16-unit property offers a total of 13,056 square feet of living space, set on a 5,000 square foot lot. Each unit features a comfortable 2-bedroom, 1-bathroom layout, and the property is fully occupied, ensuring immediate rental income. Residents enjoy the convenience of on-site laundry facilities in the basement. Benefit from a 30-year tax abatement and take advantage of the property's location within an opportunity zone, aligning with Paterson's exciting revitalization efforts. An income and expense report is available upon request, providing transparency and insight into this smart investment. Don't miss your chance to be part of Paterson's promising future!

Location

State NJ

County Passaic

Zoning Residential

Rooms

Basement Finished-Partially, Partial

Interior

Heating Gas-Natural

Cooling Central Air

Equipment Smoke Detector, Sprinkler System

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Story 4

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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