Paterson, NJ 07505,242-244 Main Street
Paterson, NJ 07505,242-244 Main Street
Paterson, NJ 07505,242-244 Main Street
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Listed by Vincent Lee • Realty 7, LLC • (201) 647-9964
$1,135,000
Est. payment /mo
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242-244 Main Street Paterson, NJ 07505

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UPDATED:

07/31/2024 10:41 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24023436

Style Retail

Annual Tax Amount $33,780

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".

Location

State NJ

County Passaic

Area Paterson

Interior

Heating Electric, Gas, Hot Water, Win/AC

Exterior

Utilities Available Sep Elec, Sep Gas, Sep Heat

Waterfront Description None

Building

Architectural Style Free Std

Others

Ownership Private


New Jersey (NJMLS Include SOLD)

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Isaac De Castro

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242-244 Main Street