$749,900
Renovated Paterson Multifamily with Finished Basement, Bonus Attic Space & Income PotentialA rare opportunity for investors or owner-occupants, this versatile Paterson multifamily combines income-producing potential, extensive renovations, and flexible living space in a surprisingly quiet setting. Tucked away on a one-way dead-end street with limited traffic, the property offers added… Read More privacy while remaining close to everyday conveniences. The first-floor unit features 2 bedrooms, 1 full bath, kitchen, dining room, and living room. The second floor was substantially renovated last year and offers 4 bedrooms, 1 full bath, an updated kitchen, newer flooring, and extensive interior improvements, creating a fresh, modern living environment. The finished basement, renovated approximately two years ago, adds tremendous value with a full kitchen, bathroom, separate access, and multiple bonus rooms ideal for flexible use. The attic provides two additional bonus rooms, adding even more storage and versatility. Upper levels also benefit from newer wall-mounted heating and cooling systems. With no HOA, multiple kitchens, significant improvements already completed, and additional usable space throughout, this property offers an exciting combination of current income potential and future upside. Read Less
Courtesy of EXP REALTY, LLC.
Listing Snapshot
Last Updated
Property Type
Other
Beds
8
Lot Size
0.08 Acres
Year Built
1940
MLS Number
4055500
30 Days Snapshot Of 07501
$411k
+4%
(avg) sold price
4
-42%
homes sold
Snapshot
Area Map
Additional Details
Basement
Finished, Yes
Building
Built in 1940
Cooling
Ductless Split AC
Exterior Features
Aluminum Siding
Water Features
Gas, Public Water
Heating
Gas-Natural, Forced Hot Air
Lot
Approximate Lot Size: 33X101, 0.08 acres
Parking
None
Property
2 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $10,616, Tax Rate: 5.335
Unit One
1 bathroom, 2 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector
Unit Two
1 bathroom, 6 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector
Utilities
All Underground
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All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
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