Paterson City, NJ 07505,59-63 Broadway
Paterson City, NJ 07505,59-63 Broadway
Paterson City, NJ 07505,59-63 Broadway
Paterson City, NJ 07505,59-63 Broadway
Paterson City, NJ 07505,59-63 Broadway
Paterson City, NJ 07505,59-63 Broadway
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$ 1,395,000
Est. payment | /mo

8,520 SqFt


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$ 1,395,000
Est. payment | /mo
Save

8,520 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 8,520 sqft

Price per Sqft $163

MLS Listing ID 3923116

Annual Tax Amount $47,068

Tax Year 2023

Property Description

Introducing a remarkable investment opportunity: a six-unit brick building located in a bustling area of Paterson Street. This well-maintained property features three commercial units on the first floor, two of which are currently leased to established businesses a popular Chinese restaurant and a delightful coffee shop ensuring consistent rental income. The Chinese restaurant benefits from access to a spacious basement, adding to its operational capabilities.On the second floor, you'll find three residential units, each thoughtfully designed with two rooms and a full bathroom, providing comfortable living spaces. The current tenants are all related to the seller, presenting a unique opportunity for potential buyers to consider a strategic rental plan moving forward.This mixed-use property is strictly sold as-is and represents a rare find in a high-traffic location. With strong existing tenants and the potential for added value, this building stands as a prime investment with great possibilities. Don't miss out on this chance to own a versatile property in a thriving neighborhood!

Location

State NJ

County Passaic

Zoning B-4

Rooms

Basement Storage, Unfinished, Walkout

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Equipment See Remarks

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Gas-Natural

Roof Type Flat

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Listed by EXP REALTY, LLC
Nina Bavosa

Agent | License ID: 2080701

+1(908) 510-9094 | nina@ninasellsnj.com

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59-63 Broadway