In contract
51 Mill St Paterson City, NJ 07501
Paterson City, NJ 07501
in contract | Commercial | Built in 1939
3369 Approx. Sqft/ 0.04 acres
$800,000
- Annual Tax: $14,405.00
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In contract
51 Mill St Paterson City, NJ 07501
Paterson City, NJ 07501
in contract | Commercial | Built in 1939
3369 Approx. Sqft/ 0.04 acres
$800,000
- Annual Tax: $14,405.00
The Details
About 51 Mill St, Paterson City, Passaic, NJ 07501
Amazing opportunity in the heart of downtown Paterson - 8-bedrooms and 6-full baths. (1x) 3-bedroom, (4x) 1-bedrooms 1 studio apartment with off street parking. A true value add investment opportunity. Under market value rents grossing $92,454 with separate utilities yielding a 8.14% cap rate. All tenants are in good standing with leases in place. There is also a large basement with plenty of storage.
Listing Courtesy of BHHS FOX & ROACH, (973) 992-6363, NJ_GSMLS:3926285
key features
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Data last updated 12/04/2024 09:38:46.
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