63 Pearl Street, Paterson, NJ 07501

$484,000
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Active
BEDS7 BATHS3 full MLS#26023086
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Don??????t miss this well-maintained 7 bedroom, 3 bathroom multifamily investment opportunity generating $5,200/month in total rent with all tenants on month-to-month leases ??? giving you maximum flexibility whether you??????re an owner-occupant or pure investor. Ideally located just blocks from the train station, bus lines, schools, shopping, and dining. Updated in 2020, this property is perfectly positioned for an owner-occupant to live in part of the home while collecting rental income from the rest, or for an investor to keep it fully leased for strong cash flow from day one. The first floor features a comfortable living room, eat-in kitchen, 4 bedrooms, and a full bath, offering generous space and functionality. The second floor includes a living room, eat-in kitchen, 3 bedrooms, and a full bath. The finished basement adds valuable bonus living space, further enhancing the property??????s versatility and value. Practical layouts and thoughtful updates enhance everyday living throughout. Outside, the fully fenced backyard includes a patio ideal for outdoor dining and grilling. With flexible living spaces, a finished basement, $5,200/month in existing rental income, month-to-month tenancy flexibility, and a commuter-friendly location, this is an excellent opportunity to own a versatile multifamily property in a convenient neighborhood

63 Pearl Street | MLS# 26023086

This multi-family property located at 63 Pearl Street, Paterson, NJ 07501 is currently listed for sale with an asking price of $484,000. Search Paterson real estate on cbarker.joycerealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Taxes: $8,749

Feature Descriptions

Days on Site: 7
Laundry: In Unit
Number of Rooms: 12
Utilities: SEPERATE Elec, SEPERATE Gas, SEPERATE Heat, SEPERATE Water

Listed By / Shown By

Listing By

Agency Name: Howard Hanna Rand Realty
Agency Phone: 973-694-6500

Shown By

Agent Name: Christopher Barker, Lic. RE Salesperson
Agent Phone: Cell: (845) 826-3239
Agency Title: Joyce Realty

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Estimated Payment

$ 1,947.42 per month $1,077.17 Principal & Interest $729.08 Property Tax $141.17 Homeowner's Insurance

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