New Jersey
Paterson
242-244 Main Street

$1,135,000

242-244 Main Street, Paterson, NJ 07505

Commercial Property
Built in ——
—— sqft lot
—— car garage
$——/sqft
Listed 11 months ago

Property Description

Location Location Location!! In the heart of downtown, an unbeatable investment opportunity awaits the savvy investor. This 6 level mixed use building consists of a high visibility area with large windows for terrific retail space and 5 residential units. All Separate Utilities; tenants pay heat, gas and electric. Landlord pays water. Gross rent income:$116,400 with one vacant APT/Net Income: $68,020. Property is sold strictly "AS-IS".

Listing Status:: Active
Date Added:: July 21, 2024 at 05:00AM
Listing Office:: Realty 7, LLC : (201) 292-7777
Listing Agent:: Vincent Lee : (201) 647-9964
MLS ID:: 24023436

Heating: ElectricGasHot Water

This listing courtesy of Vincent Lee, Realty 7, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

School 2

22 Passaic St, Paterson, NJ, 07501

Grades KG-8

0.16 miles away

School 2

22 Passaic St, Paterson, NJ, 07501

Grades KG-8

0.16 miles away

School of Health Science

57 Colt St, Paterson, NJ, 07505

Grades 9-12

0.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.