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$ 4,900,000
Est. payment | /mo
13,056 SqFt
$ 4,900,000
Est. payment | /mo
13,056 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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Listed by COMPASS NEW JERSEY LLC