165-169 Godwin Ave - Apartments FOR SALE


Paterson, NJ 07501- Eastside
$999,500 USD
201-710-0598
165-169 Godwin Ave, Paterson, NJ for Sale
$999,500 USD
Apartments - FOR SALE
1/35
null | 9.51% Cap Rate

165-169 Godwin Ave
Paterson, NJ 07501
Eastside


HIGHLIGHTS

  • Separate Utilities
  • Close to transportation
  • Low Vacancy rate, On site Gated Parking

OVERVIEW

Don't miss this outstanding investment opportunity in a prime Paterson location. This well-maintained four-family property generates nearly $120,000 in annual gross rental income and offers an impressive 9.51% cap rate, making it an excellent addition to any investment portfolio. Each spacious unit offers approximately 1,200 square feet of living space, providing layouts that attract and retain long-term tenants. The property features separate utilities for all units, helping minimize owner expenses and maximize cash flow. Additional highlights include six off-street parking spaces, a highly desirable amenity for tenants, and a convenient location close to major highways, public transportation, shopping, restaurants, schools, and parks. Contact Mike for details and showings 201-710-0598

FOR SALE DETAILS

PRICE

$999,500 USD

PRICE/SF

$219 USD /SF

# OF UNITS

4

PRICE/UNIT

$249,875

CAP RATE

9.51%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

B-2

APN/PARCEL ID

08-03506-0000-00039

ASK ABOUT THIS PROPERTY

Maikol PueblaColdwell BankerMore Info
201-710-0598

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Maikol PueblaColdwell BankerMore Info
201-710-0598

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