119 W Broadway - Apartments FOR SALE


Paterson, NJ 07522
$600,000 USD
973-696-1111
119 W Broadway, Paterson, NJ for Sale
$600,000 USD
Apartments - FOR SALE
1/33
null | Request Cap Rate

119 W Broadway
Paterson, NJ 07522


HIGHLIGHTS

  • Mixed use investment - ground floor could be store or office/ 2 residential rentals on 1st & 2nd floors
  • All floors Newly renovated - well maintained

OVERVIEW

Amazing Mixed-Use Investment Opportunity in the Heart of Downtown Paterson! This well-maintained mixed-use property offers strong cash flow and an impressive 8% cap rate, making it ideal for both investors and owner-occupants. Ground Floor: Could be a store or office. Second Floor Apartment: Recently updated with a spacious living room, modern kitchen, 2 generously sized bedrooms, and a full bathroom. Third Floor Apartment: Features a large living room, kitchen, 2 bedrooms, a full bathroom, plus a bonus finished attic with an additional full bathroom. Key Upgrades: New Roof, Tankless energy-efficient hot water heater, baseboard heating Located in a high-traffic area of downtown Paterson, close to transit, shops, and restaurants. This is a rare chance to own a high-yielding, turn-key asset in a growing mark. Some photos are virtually stage. CALLL LISTING AGENT MARILOU WONG @ 201-303-7146

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$185 USD /SF

# OF UNITS

-

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Convenience Store, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,749 SF

ZONING

Commercial

APN/PARCEL ID

08-00605-0000-00008

ASK ABOUT THIS PROPERTY

Lou BatelliCentury 21 GeminiMore Info
973-696-1111

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Lou BatelliCentury 21 GeminiMore Info
973-696-1111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.