$800,000
For Sale

605 Madison Ave

Paterson City, NJ 07514
Browse 30 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Calling All Investors! 3 Family Home in Paterson, NJ! Unit 1 and Unit 2 Occupied each currently on a $3200 monthly lease. Larger 4 bed unit is Vacant. Huge potential for Monthly income/cashflow. Welcome to 605 Madison Ave featuring a total of 10 bedrooms and 5 bathrooms. Unit 1: 3 beds, 2 baths, Central A/C. Unit 2: 3 beds, 2 baths, Central A/C. Unit 3: 4 beds, 1 bath. Full unfinished basement, backyard, and street parking.

  • Property Details
      • HeatingBaseboard - Hotwater, Forced Hot Air
      • Parking FeaturesOn-Street Parking
      • Exterior MaterialsAluminum Siding
      • RoofAsphalt Shingle
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • WaterPublic Water
      • Heating SourceGas-Natural
      • Utility FeaturesGas-Natural
      • MLS #3948584
      • MLS #3948584
      • Cost800000
      • Basement DescriptionFull
      • Year Built1970
      • BasementYes
      • Property SubtypeMUL
      • Bedrooms10
      • Structure Type3

Location

Julio GallardoReal Estate Group
OR

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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