69 N 3Rd St, Paterson City, NJ 07522
69 N 3Rd St, Paterson City, NJ 07522
69 N 3Rd St, Paterson City, NJ 07522
69 N 3Rd St, Paterson City, NJ 07522
69 N 3Rd St, Paterson City, NJ 07522
69 N 3Rd St, Paterson City, NJ 07522
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$ 679,000
Est. payment | /mo

7 Beds

3 Baths

3,200 SqFt


Save
$ 679,000
Est. payment | /mo
Save

7 Beds

3 Baths

3,200 SqFt

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $212

MLS Listing ID 4040538

Style 3-Three Story

Bedrooms 7

Full Baths 3

Year Built 1939

Tax Year 2025

Property Description

Excellent 3-family investment opportunity in Paterson! Whether you're a seasoned investor looking to expand your portfolio or a first-time home buyer ready to become a landlord, this property offers a compelling combination of space and income potential. Featuring a total of 7 bedrooms and 3 full bathrooms across three separate units, the property currently generates over $5,800 in monthly rental income over $70,000 annually in gross rents. With separate utilities, the property is designed for more efficient management and reduced owner-paid expenses. Investors can take advantage of strong existing rental income, while owner-occupants may have the opportunity to live in one unit and use rental income from the others to help offset their monthly mortgage payment. This is a great opportunity to own a true income-producing multi-family property and start building long-term wealth through real estate. Don't miss your chance to add this 3-family property to your portfolio or make your first move into real estate investing!

Location

State NJ

County Passaic

Rooms

Basement Partial, Unfinished

Interior

Interior Features Carbon Monoxide Detector, See Remarks, Smoke Detector, Vinyl-Linoleum Floors

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Composition Shingle

Parking Features None, On-Street Parking

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Schools

Elementary Schools Number 28

Middle Schools Number 4

High Schools Jfk

Others

Senior Community No

Garden State MLS(GSMLS)
Listed by REAL

Nearby Locations

Manuel A Sanchez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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69 N 3Rd St