597-599-599 River Street, Paterson, NJ 07524

Commercial Property
Built in ——
—— sqft lot
—— car garage
$——/sqft
Listed 5 months ago

Property Description

Income-Producing Property with High Potential. This exceptional all-brick property is a prime investment opportunity, ideally located on a bustling commercial street in a rapidly developing area. The building features 2 spacious three-bedroom apartments and 2 versatile commercial units, offering a balanced mix of residential and commercial income streams. The apartments are in excellent condition, making them highly desirable for tenants, while the commercial units present endless possibilities for businesses looking to capitalize on the area's growth. With new construction projects underway all around, this property is perfectly positioned to benefit from the neighborhood's upward trajectory, offering significant potential for rental income upside. Additionally, the property boasts LOW TAXES, enhancing its profitability and making it an even more attractive investment. Whether you're an experienced investor or looking to diversify your portfolio, this property offers a rare combi

Listing Status:: Active
Date Added:: February 7, 2025 at 06:00AM
Listing Office:: United Real Estate : 888-501-6953
Listing Agent:: Sergio Limonta : (973) 296-6264
MLS ID:: 25004212

Roofing: FlatO/See Rmrks

This listing courtesy of Sergio Limonta, United Real Estate

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

School 10

48 Mercer St, Paterson, NJ, 07524

Grades KG-8

0.38 miles away

School 10

48 Mercer St, Paterson, NJ, 07524

Grades KG-8

0.38 miles away

Rosa L. Parks School of Fine and Performing Arts

413 12th Ave, Paterson, NJ, 07514

Grades 9-12

0.88 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.