145 Butler St - Multi-Family FOR SALE


Paterson, NJ 07524- Riverside
$675,000 USD
201-707-7756
145 Butler St, Paterson, NJ for Sale
$675,000 USD
Multi-Family - FOR SALE
1/19
null | 8.12% Cap Rate

145 Butler St
Paterson, NJ 07524
Riverside


OVERVIEW

Turnkey 3-Family Home The Perfect Live-in InvestmentWelcome to your new home and smart financial future! This completely renovated three-family property offers the perfect blend of modern comfort and effortless income. Each of the three private units features a thoughtful layout with 2 bedrooms and 1 bathroom, making them highly desirable for renters.Say goodbye to management headaches! The property is designed for efficiency, with separate meters and boilers for each apartment. This means tenants are responsible for their own utilities, streamlining your responsibilities and maximizing your profit.Live in one beautiful unit and let the other two generate significant rental income, providing a powerful way to offset your mortgage or build long-term wealth. This is more than just a home, it's an intelligent path to financial freedom. Don't miss this rare opportunity to own a fully updated, income-producing property. Buyer can get the assumable mortgage with 5.47% interest rate ,The buyer takes over the remaining balance, monthly payment. Total yearly income $64680 & Total yearly expenses $ 9400. Don't miss this opportunity.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$225 USD /SF

# OF UNITS

3

PRICE/UNIT

$225,000

CAP RATE

8.12%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,449 SF

ZONING

-

APN/PARCEL ID

08-02911-0000-00004

ASK ABOUT THIS PROPERTY

Sylvia EskanderColdwell BankerMore Info
201-707-7756

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Sylvia EskanderColdwell BankerMore Info
201-707-7756

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