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Listed by Mizell Ewing, Jr. Coldwell Banker, Wayne
$ 524,000
Est. payment /mo
Price Dropped by $25K
15 3rd ST Paterson, NJ 07522
7 Beds
3 Baths
Open House
Sun Sep 06, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26019901
Style 2 Family
Bedrooms 7
Full Baths 2
Half Baths 1
Property Sub-Type 2 Family
Property Description
PRICE IMPROVEMENT - NOW $524,000! Exceptional opportunity for owner-occupants and investors alike. Completely renovated in 2022, this turn-key multi-family property features two spacious units plus a 3rd-floor ADU with 2 bedrooms, kitchen, and bath, offering outstanding income potential and flexible living arrangements. The 1st-floor unit is now vacant, and the 2nd-floor tenant will vacate at closing, providing immediate occupancy and rental flexibility. Unit 1 offers Spanish porcelain flooring, quartz countertops, 2 bedrooms, and a renovated bath. Unit 2 spans the 2nd and 3rd floors with Italian wood-look porcelain flooring, 5 bedrooms, 1.5 baths, and an updated kitchen with quartz counters. Major improvements include new hydronic boilers, updated electrical panels, hot water heaters, separate utilities, updated rear stairs, private backyard, and full basement for storage. Lead-Free Certification and UST Oil Tank Scan documentation available. Conveniently located near schools, shopping, restaurants, parks, and public transportation. Whether you're looking to live in one unit while generating income or add a strong cash-flowing asset to your portfolio, this property delivers exceptional value at its new price. 1st floor is currently vacant and 2nd floor tenant will vacate if requested.
Location
State NJ
County Passaic
Interior
Laundry None
Nearby Locations